Latest / The Ecommerce Revolution Podcast / Launch Your Own E-Commerce Business Today!
Transcript
- 0:01Welcome to today's episode of the e-commerce revolution podcast
- 0:04where we dive into
- 0:05the dynamic world of e-commerce and uncover the tools and
- 0:08tactics that empower
- 0:10SPEAKER_00: today's emerging entrepreneurs.
- 0:12SPEAKER_00: Our podcast is part of our community with the same name.
- 0:15The community is geared to providing emerging e-commerce
- 0:18entrepreneurs with courses,
- 0:20SPEAKER_00: content,
- 0:20SPEAKER_00: and coaching to help you all launch and grow successful businesses.
- 0:25SPEAKER_00: Check us out at ecomrevolution.co.
- 0:28SPEAKER_00: Let's get things started.
- 0:38SPEAKER_00: Welcome, everybody.
- 0:39SPEAKER_00: If you've just launched your e-commerce business,
- 0:42SPEAKER_00: are about to launch or even thinking about launching soon,
- 0:46SPEAKER_00: you'll want to pay close attention to this episode.
- 0:50Building an e-commerce business can be extremely challenging
- 0:54from idea to for sale and beyond.
- 0:57SPEAKER_00: So we thought we'd do something special this time for today's podcast.
- 1:01SPEAKER_00: That's right,
- 1:02today we are going to build a blueprint for emerging brands to
- 1:05take an idea to market.
- 1:06Every question I'm going to ask of our guests will solely be
- 1:10focused on building
- 1:11that blueprint so you can pull the transcripts if you want and
- 1:15literally start
- 1:16SPEAKER_00: building today.
- 1:17Speaking of our guest,
- 1:19today's guest is an absolute rock star in the world of e-commerce.
- 1:24SPEAKER_00: In 2004,
- 1:26SPEAKER_00: 2004,
- 1:26SPEAKER_00: that was a long time ago,
- 1:28SPEAKER_00: he started his journey dropshipping hammocks,
- 1:31SPEAKER_00: which eventually led to the company he's a part of now,
- 1:35SPEAKER_00: The Gromit.
- 1:36SPEAKER_00: Check out the show notes for a link to the Gromit.
- 1:39SPEAKER_00: This is an amazing site.
- 1:41Sometimes it can be referred to as the product hunt for
- 1:44e-commerce brands.
- 1:46SPEAKER_00: Gromit has over 800 active products,
- 1:49SPEAKER_00: 3 million plus active shoppers,
- 1:52SPEAKER_00: and strives every day to help makers,
- 1:56SPEAKER_00: inventors,
- 1:56SPEAKER_00: and small business owners go from undiscovered to unstoppable.
- 2:02SPEAKER_00: And hopefully that is you today.
- 2:04SPEAKER_00: We'll add a link to Gromit in the show notes.
- 2:06SPEAKER_00: As I mentioned, you've got to check the site out.
- 2:08SPEAKER_00: It is absolutely amazing.
- 2:10And a little side note,
- 2:11and I love this story because it's near and dear to my heart.
- 2:14SPEAKER_00: Our guest recently started a brand with his son, Arte Shades.
- 2:20SPEAKER_00: Arte Shades are designed for the dedicated young athlete.
- 2:24There's a great video on their site that kind of walks you
- 2:27through the whole
- 2:28process of how they came up with the idea and how they found
- 2:32the supplier and how
- 2:33SPEAKER_00: they eventually took it to market.
- 2:34SPEAKER_00: It is a great, great video.
- 2:36SPEAKER_00: Basically a blueprint in many ways for how they built their business.
- 2:40SPEAKER_00: We'll put a link in the show notes to that as well.
- 2:42You must,
- 2:43must watch that video on their site and get yourself a pair of shades,
- 2:47obviously.
- 2:48SPEAKER_00: So without any further ado,
- 2:51SPEAKER_00: please welcome Greg Roulette,
- 2:53SPEAKER_00: the head of brand growth at The Gromit,
- 2:55SPEAKER_00: to the e-commerce revolution podcast.
- 2:58SPEAKER_00: Great, great to have you here.
- 3:00SPEAKER_01: Man, you did some homework there.
- 3:03SPEAKER_01: 2004,
- 3:03SPEAKER_01: Hammocks,
- 3:04SPEAKER_01: it was Hammocks and then I had a bird feeder site,
- 3:06SPEAKER_01: if I remember correctly,
- 3:07SPEAKER_01: doing drop shipping.
- 3:08SPEAKER_01: My gosh, how the world has changed.
- 3:10Because building an e-commerce website in 2004 is not like
- 3:13building an e-commerce
- 3:14SPEAKER_01: website 20 years later.
- 3:17SPEAKER_00: It is not.
- 3:18SPEAKER_00: It is.
- 3:19SPEAKER_00: And I did mine in 1999 and then another one in 2003.
- 3:22SPEAKER_00: And yes, the landscape technology.
- 3:25Would you agree that technology was more complicated back then
- 3:28and marketing might
- 3:29have been just a little bit easier because you didn't even have
- 3:32anything to market?
- 3:33SPEAKER_00: You had no place to really market.
- 3:34SPEAKER_00: You had Yahoo, right?
- 3:35SPEAKER_00: You had a few other places like that, but that's it.
- 3:38SPEAKER_01: It's crazy.
- 3:38SPEAKER_01: It like flip-flopped, right?
- 3:39SPEAKER_01: Because 20 years ago,
- 3:40SPEAKER_01: it was impossible to build the site and the tech wasn't there,
- 3:43SPEAKER_01: but I was getting,
- 3:44I was mostly running Yahoo traffic back then and I was getting
- 3:47clicks for hammocks
- 3:47SPEAKER_01: for 20 cents a click,
- 3:49SPEAKER_01: 25 cents.
- 3:49SPEAKER_01: Like marketing then was so easy.
- 3:52SPEAKER_01: Now it flip-flopped.
- 3:52Now you can build a Shopify store in an hour,
- 3:55but you're like,
- 3:56holy crap,
- 3:57how do I market it?
- 3:58SPEAKER_01: And I know that we're going to go into a lot of that today, but...
- 4:00SPEAKER_01: Crazy how times have changed in the last 20, 25 years.
- 4:03SPEAKER_00: Absolutely.
- 4:04SPEAKER_00: Well, it's great to have you here.
- 4:06SPEAKER_00: Love your energy.
- 4:06SPEAKER_00: When we first spoke, I felt this is it.
- 4:09SPEAKER_00: He knows his stuff.
- 4:10SPEAKER_00: He's been through it before.
- 4:11SPEAKER_00: He's going to be the perfect person to help build that blueprint.
- 4:15SPEAKER_00: But before we get started,
- 4:17SPEAKER_00: I was taking a look at your LinkedIn profile,
- 4:19SPEAKER_00: and I'm a huge fan of quotes.
- 4:21SPEAKER_00: I love quotes.
- 4:22There's a quote on your LinkedIn profile,
- 4:25and the gentleman's name,
- 4:27is it Naidoo?
- 4:29SPEAKER_00: Nido Kabane.
- 4:30SPEAKER_00: Nido Kabane, okay.
- 4:31SPEAKER_00: And the quote goes something like this, right?
- 4:33Nothing can add more power to your life than concentrating all
- 4:38of your energies on
- 4:39SPEAKER_00: a limited set of targets.
- 4:42SPEAKER_00: Now,
- 4:43tell me about that quote and what it means to you and then
- 4:45ultimately what it means
- 4:47SPEAKER_00: to emerging e-commerce entrepreneurs out there.
- 4:50SPEAKER_01: Yeah, so first, Dr. Nito Cobain.
- 4:51SPEAKER_01: So he is the president at High Point University.
- 4:53SPEAKER_01: He's been a motivational speaker for the past 30, 40 years.
- 4:56SPEAKER_01: Incredible story.
- 4:57I helped to produce a documentary on him about a decade ago and
- 5:01just incredible motivator.
- 5:03SPEAKER_01: But this quote that he said is so true is we need targets.
- 5:08SPEAKER_01: I believe that we're goal-focused beings.
- 5:10Like when we have a mission,
- 5:11when we have a goal,
- 5:12we have a reason to get up in the morning.
- 5:13The problem that most people face is like,
- 5:15especially all related to e-commerce is,
- 5:17SPEAKER_01: all right, I got an e-commerce store.
- 5:19SPEAKER_01: Here's the 77 things that I need to do today.
- 5:21SPEAKER_01: And how many of those things,
- 5:23SPEAKER_01: one,
- 5:23get done to move the needle forward because they're dibbing and
- 5:27dabbing in all
- 5:28SPEAKER_01: these different areas as opposed to,
- 5:30SPEAKER_01: all right,
- 5:31SPEAKER_01: let me get my landing page up,
- 5:33SPEAKER_01: right?
- 5:33SPEAKER_01: Like that's my target right now.
- 5:35SPEAKER_01: My target is let's get to a hundred sales a month.
- 5:37SPEAKER_01: Let's then get to a hundred sales a day as opposed to
- 5:40Having so many targets of I need to shoot videos and I need to
- 5:43do Instagram and I,
- 5:44SPEAKER_01: well,
- 5:45SPEAKER_01: let's do TikTok shops.
- 5:46SPEAKER_01: That's hot and sexy right now.
- 5:47SPEAKER_01: And oh, I got to get my Etsy going.
- 5:49SPEAKER_01: And all of a sudden you have no sales on TikTok.
- 5:51SPEAKER_01: Your Etsy shop is half built.
- 5:53SPEAKER_01: Your Facebook ad,
- 5:54SPEAKER_01: your room,
- 5:54like instead of having this very specific target of what it is
- 5:57that we're trying to do.
- 5:59SPEAKER_01: And it's so hard today because there are a million things.
- 6:01SPEAKER_01: And today I'm sure the two of us,
- 6:02SPEAKER_01: we're going to give you a million more things to do,
- 6:04but find the one or two that resonate with you that I'm going
- 6:08to go all in on those targets.
- 6:10SPEAKER_01: Because when you have that arrow and you're aiming at that target,
- 6:13SPEAKER_01: you know,
- 6:13that should be the only thing in your site is that bullseye and
- 6:16not letting
- 6:17SPEAKER_01: distractions get to you.
- 6:18SPEAKER_01: That is the ultimate killer of e-commerce businesses.
- 6:20SPEAKER_01: And you said earlier, over 800 products.
- 6:22SPEAKER_01: We're closing in at 900 right now on Gromit.
- 6:24SPEAKER_01: The products that are at the top have very specific targets.
- 6:27The ones that flounder at the bottom are so spread thin that
- 6:30they can't even send
- 6:31SPEAKER_01: me an image because they can't even find it on their computer.
- 6:34SPEAKER_01: And that's not who you want to be.
- 6:36SPEAKER_01: as an e-commerce entrepreneur.
- 6:37SPEAKER_00: Well, you literally have case studies at Gromit, right?
- 6:40SPEAKER_00: You can literally see the ones that are gonna work.
- 6:42And you actually mentioned that focus and remove distractions
- 6:46in that video with your son.
- 6:48SPEAKER_00: that you put up on the site.
- 6:50SPEAKER_00: I mean, right, yes, distractions all around this.
- 6:54SPEAKER_00: I mean, yes, what's the hot new thing?
- 6:56You read about something on a blog or you listen to a podcast
- 7:01and you hear the next,
- 7:02SPEAKER_00: what we're gonna talk about today is going to be the facts,
- 7:06SPEAKER_00: the true,
- 7:06SPEAKER_00: true facts of getting a business,
- 7:08SPEAKER_00: an e-commerce business started.
- 7:10Doesn't mean you have to do every single one of them right now today,
- 7:13right?
- 7:14SPEAKER_00: You start at the beginning and work your way through to the end,
- 7:17SPEAKER_00: but be focused,
- 7:18SPEAKER_00: as Greg's saying.
- 7:18SPEAKER_00: I mean, it's hard.
- 7:20SPEAKER_00: It is hard,
- 7:21and we have probably more distractions in our lives than we had
- 7:24back in 2004,
- 7:25SPEAKER_00: at least I think we do,
- 7:26SPEAKER_00: 2003.
- 7:26SPEAKER_00: But let's dive in.
- 7:30let's let's talk about building this thing so first let me set
- 7:33the stage greg and
- 7:34you can you know we'll start i'll start asking you some
- 7:37questions around this so
- 7:38let's say i'm an emerging e-commerce entrepreneur i want to
- 7:41start a business
- 7:42selling aesthetically pleasing you know well-designed ergonomic
- 7:47home office
- 7:47accessories and i want to do it direct to consumer i'm going to
- 7:51bypass the stores
- 7:52SPEAKER_00: i'm going to go direct to consumer
- 7:54So with that said,
- 7:55maybe the products are going to be something like anti-fatigue mats.
- 7:58SPEAKER_00: Can you make those look really cool?
- 8:00SPEAKER_00: Footrests, laptop stands.
- 8:02SPEAKER_00: I'm always looking at my laptop stand thinking,
- 8:04SPEAKER_00: they could have done that a little bit better,
- 8:06SPEAKER_00: right?
- 8:06SPEAKER_00: Right.
- 8:07SPEAKER_00: Desk lamps with adjustable lighting, and all with a very theme.
- 8:11SPEAKER_00: And then one that's dear to my heart, cable management solutions.
- 8:15SPEAKER_00: I have way too many cables around.
- 8:17And the cable management solutions I've seen out there are not
- 8:20really that good
- 8:21SPEAKER_00: looking and they don't hide themselves too well out there.
- 8:25SPEAKER_00: So I have not sourced my products yet.
- 8:28SPEAKER_00: I've got this idea, right?
- 8:30I have limited funds for marketing because I'm an emerging
- 8:33e-commerce entrepreneur.
- 8:34SPEAKER_00: but I'm filled with excitement and enthusiasm.
- 8:37And now I'm here to learn about building a blueprint to launch
- 8:41and grow my brand.
- 8:42SPEAKER_00: So let's start with,
- 8:44SPEAKER_00: first,
- 8:44SPEAKER_00: maybe give me an understanding of the overall journey,
- 8:47kind of an overview of what e-commerce entrepreneurs should be
- 8:51thinking about right now.
- 8:54SPEAKER_01: Yeah,
- 8:54SPEAKER_01: so in the stage that you just described,
- 8:57SPEAKER_01: I believe that there are two paths to building this business.
- 9:02One is we're going to go out and buy our product,
- 9:06get our inventory,
- 9:07make a bet.
- 9:08SPEAKER_01: Let's say it's a cable management system.
- 9:09SPEAKER_01: We're going to make a bet on a cable management system,
- 9:12SPEAKER_01: and then we are going to use our limited resources,
- 9:14SPEAKER_01: which are limited,
- 9:15SPEAKER_01: on advertising to try to generate direct sales immediately,
- 9:18SPEAKER_01: right?
- 9:18SPEAKER_01: That is route number one.
- 9:20SPEAKER_01: That is very difficult because it's an outlay of cash upfront.
- 9:23SPEAKER_01: It is an outlay of cash for ads and it is risky.
- 9:27SPEAKER_01: But this is what most e-commerce entrepreneurs do.
- 9:28SPEAKER_01: They're like, cool, I found a product.
- 9:31SPEAKER_01: I can either white label it.
- 9:32SPEAKER_01: I can add my little spin to it.
- 9:33SPEAKER_01: I can throw a logo on it.
- 9:34SPEAKER_01: Let me order a couple hundred units.
- 9:35SPEAKER_01: Let me pull up a Shopify site.
- 9:37SPEAKER_01: Then let me run some meta ads.
- 9:38And then 30 days later,
- 9:40they're out of money and they're like,
- 9:41oh crap,
- 9:42this is really hard.
- 9:43SPEAKER_01: Right.
- 9:43SPEAKER_01: The other route,
- 9:44which is the route that I truly believe in is I want to build a
- 9:47media property
- 9:48SPEAKER_01: around this topic first.
- 9:51SPEAKER_01: And I want to gather as much data from the marketplace.
- 9:53SPEAKER_01: So I know exactly what product to pick.
- 9:55And then I have a community of people who already want this
- 9:57product before I bring it to market.
- 9:59And so I love the niche that you picked because there are so
- 10:02many people now who
- 10:03SPEAKER_01: are working from home.
- 10:04SPEAKER_01: If you look on anywhere,
- 10:05SPEAKER_01: Instagram,
- 10:06SPEAKER_01: TikTok,
- 10:06SPEAKER_01: Facebook,
- 10:07there are so many like sexy pictures of super clean desks and
- 10:10the minimalist work
- 10:12SPEAKER_01: from home lifestyle.
- 10:12SPEAKER_01: There are YouTubers who dedicate.
- 10:14SPEAKER_01: So there is a market and an industry for this that already exists.
- 10:17SPEAKER_01: What is your unique spin on it?
- 10:19SPEAKER_01: So I'm gonna go into one thing that you said, like cable management.
- 10:22You don't really like all these cable management systems that
- 10:24are out there right now.
- 10:25SPEAKER_01: I would probably go to something like Amazon or look on Shopify,
- 10:28SPEAKER_01: go to Google,
- 10:29SPEAKER_01: and I would buy five,
- 10:30SPEAKER_01: six,
- 10:30SPEAKER_01: seven of these.
- 10:31SPEAKER_01: They're probably 20 bucks, 30 bucks, 50 bucks.
- 10:34SPEAKER_01: I'd spend two, $300 on research and development.
- 10:37SPEAKER_01: I would buy these products.
- 10:39SPEAKER_01: A, I would test them out, see what they do, how they work.
- 10:40SPEAKER_01: But here's the other side.
- 10:41I would be filming content along the way on every single one of
- 10:45these brands.
- 10:46SPEAKER_01: Hey guys,
- 10:47SPEAKER_01: I want to have the coolest,
- 10:48SPEAKER_01: cleanest,
- 10:49SPEAKER_01: sleekest,
- 10:49SPEAKER_01: sexiest desk out there because I love working from home,
- 10:51SPEAKER_01: but it is an absolute mess.
- 10:53SPEAKER_01: Check out my desk and how messy it is.
- 10:55SPEAKER_01: Guys,
- 10:55drop a comment and let me know the number one thing that you
- 10:57guys would do to clean
- 10:58SPEAKER_01: my desk up.
- 10:59SPEAKER_01: And I would start creating a community and engaging people right now.
- 11:02I would do this on Facebook where I probably already have
- 11:04friends and community or Instagram,
- 11:06but I would also be posting this on TikTok to try to get some
- 11:08viral views,
- 11:09SPEAKER_01: YouTube shorts,
- 11:10SPEAKER_01: Instagram reels,
- 11:11SPEAKER_01: try to get some virality,
- 11:12maybe LinkedIn where there's professionals out there and start
- 11:14building this community.
- 11:15SPEAKER_01: Then the next day, all right guys, so I got the Whippersnapper 1000.
- 11:18SPEAKER_01: It is the cable management system that,
- 11:21SPEAKER_01: and I tried it out and here are the three things that are wrong with it.
- 11:24SPEAKER_01: Now you're starting to place doubt in the marketplace's mind.
- 11:26SPEAKER_01: You're starting to see like, oh, this might not be the one.
- 11:28SPEAKER_01: The next one.
- 11:28SPEAKER_01: Do another video.
- 11:29SPEAKER_01: Do another video.
- 11:30SPEAKER_01: All of a sudden, now you've got a couple things.
- 11:33SPEAKER_01: You've created content that you put out into the marketplace.
- 11:35SPEAKER_01: You're getting to word vomit about the problem.
- 11:37SPEAKER_01: You're getting better on camera.
- 11:38SPEAKER_01: You're creating confidence in yourself.
- 11:41SPEAKER_01: You're rallying the troops of people who are saying, oh, yeah, that
- 11:43That one wouldn't work for me either because of this problem or
- 11:45this problem.
- 11:46SPEAKER_01: Now you're getting research.
- 11:47So now after a week,
- 11:49two weeks,
- 11:49three weeks,
- 11:50maybe 30 days of doing content like this.
- 11:53SPEAKER_01: Now you can start to look at whether it's an Alibaba,
- 11:56SPEAKER_01: whether it's a local inventors club,
- 11:58SPEAKER_01: whether whatever that is and say,
- 11:59SPEAKER_01: Hey,
- 12:00SPEAKER_01: I've tested out 10 different.
- 12:02SPEAKER_01: Cable management systems.
- 12:04SPEAKER_01: I put out videos that now have 7, 8, 9, 10,000 views.
- 12:07SPEAKER_01: Here's what people are saying the issues are.
- 12:09SPEAKER_01: Here are my problems with it.
- 12:10SPEAKER_01: How can we make a better version of this cable management system?
- 12:13SPEAKER_01: And now, again, now you start filming it.
- 12:15SPEAKER_01: Hey,
- 12:15SPEAKER_01: guys,
- 12:16I just had an amazing conversation with this manufacturer today
- 12:19that we talked
- 12:19about all the problems that you guys shared with these cable
- 12:21management companies,
- 12:23SPEAKER_01: and we're putting together a blueprint.
- 12:24SPEAKER_01: What do you guys want to see, right?
- 12:26SPEAKER_01: And so now you're bringing them behind the scenes.
- 12:28SPEAKER_01: I call this building in public.
- 12:29right now you you've taken them along with the problem now
- 12:33you're taking them along
- 12:33with the journey for the solution and then you're going to
- 12:35launch the solution so
- 12:36now when you order that first run of however many couple
- 12:39hundred a thousand
- 12:40whatever the moq is you already have an audience who's been
- 12:43watching you build this
- 12:45throughout the last couple weeks and hopefully you can do
- 12:48pre-sales from there you
- 12:49can you know you could run a kickstarter potentially or an
- 12:51indiegogo and you have
- 12:53SPEAKER_01: momentum here's the other thing that happens
- 12:55SPEAKER_01: If nobody cares at all about the cable management system,
- 12:59SPEAKER_01: you don't make the cable management system,
- 13:01SPEAKER_01: right?
- 13:02SPEAKER_01: Now you say, you know what?
- 13:03SPEAKER_01: I guess you guys don't care about cable management,
- 13:05SPEAKER_01: but a lot of you guys have standing desks,
- 13:07SPEAKER_01: right?
- 13:08SPEAKER_01: I want to test out the coolest mat for standing desk.
- 13:10And you just do this until you find the thing that hits before
- 13:13you go and put a
- 13:15SPEAKER_01: couple thousand dollars on your credit card,
- 13:16SPEAKER_01: before you go and ask for the loan,
- 13:18SPEAKER_01: before...
- 13:19SPEAKER_01: And now you have this media property.
- 13:21SPEAKER_01: And the cool thing is if you do this media property around...
- 13:24you know,
- 13:24work from home or better,
- 13:27you know,
- 13:28cool,
- 13:28sexy home office,
- 13:29whatever it is.
- 13:30Now you can also introduce more products over time because
- 13:33you're not just a cable
- 13:34SPEAKER_01: management company.
- 13:35SPEAKER_01: You're a sexy work from home desk company, whatever that is, right?
- 13:40SPEAKER_01: So anyway, I know I just word vomited a lot there.
- 13:42SPEAKER_01: I'm going to shut up and let you go.
- 13:45SPEAKER_01: Yeah.
- 13:46SPEAKER_00: So Greg, I mean, the media company idea is, I mean, right.
- 13:50SPEAKER_00: I say these days,
- 13:52SPEAKER_00: you know,
- 13:52SPEAKER_00: if you're going to be an e-commerce entrepreneur,
- 13:54SPEAKER_00: you have to be a content creator first,
- 13:58SPEAKER_00: first and foremost.
- 13:59And that's really what you're saying is,
- 14:00yes,
- 14:00you need to do the idea generation.
- 14:02SPEAKER_00: You need to go through that.
- 14:03SPEAKER_00: You need to do the market research,
- 14:04SPEAKER_00: but film it,
- 14:05SPEAKER_00: capture it,
- 14:06SPEAKER_00: get it out there,
- 14:07SPEAKER_00: build it in public.
- 14:09learn,
- 14:10and then you're really doing,
- 14:11you know,
- 14:12you're,
- 14:12you're going to make a decision.
- 14:13SPEAKER_00: Should I make this or not make this?
- 14:15SPEAKER_00: Did I get enough views on this, on this video?
- 14:17Did enough people comment on that particular,
- 14:20uh,
- 14:21line that I was going to work on?
- 14:22SPEAKER_00: If not, all right, let's put it aside and work on something else.
- 14:24SPEAKER_00: And I think that's a fantastic way to literally go through the idea,
- 14:28SPEAKER_00: the ideation to validation,
- 14:30SPEAKER_00: uh,
- 14:31SPEAKER_00: you know,
- 14:31SPEAKER_00: stage of this whole thing.
- 14:33SPEAKER_00: So that's really, we'll call that step one of the process.
- 14:36SPEAKER_00: And you can do that in public, um,
- 14:38get your socials all set up first you know get get all that
- 14:41taken care of start
- 14:42building an audience reach out to friends and family get them
- 14:45to join in get them
- 14:46to comment and then you know as you can start building out and
- 14:49i love that and
- 14:50these days content creation i'm not going to call it easy it's
- 14:53not you know it's a
- 14:54lot of work to do content creation but the technology is all
- 14:57around us you know i
- 14:58look at a camera there a camera there camera on your phone you
- 15:01know you that's
- 15:02SPEAKER_00: really all you need at the end of the day
- 15:04And then go on Amazon or wherever you want to go and buy some
- 15:07of these products.
- 15:08Buy the ones that you think are interesting and how could you
- 15:10make them better.
- 15:11SPEAKER_00: All right.
- 15:12SPEAKER_00: So that's that type.
- 15:13SPEAKER_00: Now, what if I need a prototype?
- 15:15SPEAKER_00: Let's say I've settled in.
- 15:16SPEAKER_00: I'm going to make a couple of these products.
- 15:20SPEAKER_00: ergonomic office accessories.
- 15:23SPEAKER_00: What if I'm gonna go the route of prototyping,
- 15:25SPEAKER_00: but I may not also,
- 15:27SPEAKER_00: from a manufacturing standpoint,
- 15:29SPEAKER_00: I may not want to actually manufacture,
- 15:32SPEAKER_00: right?
- 15:33SPEAKER_00: I may wanna find it from a supplier and bring it to market.
- 15:36SPEAKER_00: What are your thoughts on that?
- 15:39Some of the people who are on the grommet,
- 15:40they've had to go through prototyping.
- 15:42SPEAKER_00: What is that process like?
- 15:44SPEAKER_01: Yeah,
- 15:44SPEAKER_01: so first disclaimer is I am far from the number one world expert on this,
- 15:50SPEAKER_01: but if I was doing this tomorrow,
- 15:51SPEAKER_01: I'll walk you through exactly what I do,
- 15:52SPEAKER_01: both with my son's business,
- 15:54SPEAKER_01: when people come to the grommet,
- 15:55SPEAKER_01: is either you have more money and time,
- 15:58SPEAKER_01: or you have less money and less time.
- 16:00Meaning,
- 16:01do I have a year to prototype something and test out 20
- 16:04different versions of this?
- 16:06SPEAKER_01: Um, or do I want to get something out to the market quickly?
- 16:09SPEAKER_01: If I want to get something out to the market quickly,
- 16:10I'm probably looking for something that's currently being
- 16:13manufactured somewhere
- 16:14SPEAKER_01: and I'm going to put my logo on it.
- 16:16SPEAKER_01: Maybe my spin on it.
- 16:17SPEAKER_01: Maybe it's going to be cut a little differently.
- 16:19SPEAKER_01: So like when we did the sunglass brand with my son,
- 16:21SPEAKER_01: we went to Alibaba and we looked at all the different sunglass brands.
- 16:25SPEAKER_01: We requested samples from all the sunglass brands.
- 16:27We got those in and they're pretty quick,
- 16:28a week or two,
- 16:29got some samples in.
- 16:30SPEAKER_01: And we started playing around with them and we just said, you know what?
- 16:33SPEAKER_01: We want the nose to be a little smaller here.
- 16:34SPEAKER_01: We want to be able to pinch here.
- 16:35SPEAKER_01: And they were able to make those slight adjustments.
- 16:38We weren't able to completely craft our own pair of sunglasses
- 16:41from scratch.
- 16:42If we wanted to do that,
- 16:42we'd be $10,000 into tooling and our own plastic molds.
- 16:47SPEAKER_01: And I just didn't have,
- 16:48SPEAKER_01: we just,
- 16:49SPEAKER_01: Colt just wanted,
- 16:49SPEAKER_01: Hey,
- 16:49SPEAKER_01: I just want to make sunglasses Colt's my son.
- 16:51SPEAKER_01: I want to get sunglasses out.
- 16:52SPEAKER_01: I want to get them to the market like soon.
- 16:54SPEAKER_01: So that was our initial run.
- 16:55SPEAKER_01: Now,
- 16:56SPEAKER_01: if you have more time,
- 16:57SPEAKER_01: well,
- 16:58SPEAKER_01: now you can go and you can find somebody who can help draw the plans.
- 17:01SPEAKER_01: Maybe you want to go to the patent route.
- 17:02SPEAKER_01: Maybe you want like there's more development.
- 17:04SPEAKER_01: I am 100% not the guy to talk to about going that route.
- 17:08SPEAKER_01: I love that route.
- 17:09And I think even with the sunglass brand,
- 17:10that's our next step is let's build our own mold.
- 17:14Let's build our own and start owning more of the IP versus
- 17:17leveraging someone else.
- 17:18SPEAKER_01: But I think especially in the early stages,
- 17:21when you're still testing is it's not a bad thing to find
- 17:24something that you really
- 17:25SPEAKER_01: like that you can put your logo on it,
- 17:27SPEAKER_01: put your own packaging on it,
- 17:28SPEAKER_01: put your own spin and brand behind it.
- 17:30SPEAKER_01: And again,
- 17:31SPEAKER_01: see if the market wants it,
- 17:32SPEAKER_01: because when you do that,
- 17:33SPEAKER_01: your,
- 17:33SPEAKER_01: your MOQ,
- 17:34SPEAKER_01: your minimum order quantity is going to be smaller too.
- 17:36Like when we first ordered sunglasses,
- 17:37I was able to order just 300 pairs.
- 17:40SPEAKER_01: If I wanted to do a custom mold, they wanted like 10,000 pairs.
- 17:43SPEAKER_01: I'm like, Oh my God, my wife is going to kill me.
- 17:45SPEAKER_01: if I get 10,000 of these and put them in the house, right?
- 17:48SPEAKER_01: Nonetheless, the credit card bill that's gonna come with that.
- 17:50SPEAKER_01: So we were able to get, you know, 300 pairs.
- 17:52SPEAKER_01: We had built up the audience.
- 17:53SPEAKER_01: Like we said, we were already doing TikToks and Instagrams.
- 17:55We were able to sell 200 pairs in the first weekend and then
- 17:59get rid of the next 100 pairs.
- 18:00SPEAKER_01: Like, that's what we wanted to see.
- 18:01SPEAKER_01: Like, all right, cool.
- 18:02SPEAKER_01: We tested the market, very low risk.
- 18:05And now we're able to go back and continue to enhance and make
- 18:07the product better
- 18:08SPEAKER_01: and build with our audience.
- 18:10SPEAKER_01: So I usually recommend that route.
- 18:14SPEAKER_01: Because again, it creates momentum.
- 18:17SPEAKER_01: It's much less risk than trying to tool something yourself.
- 18:20SPEAKER_01: But there are some times, there are instances.
- 18:22SPEAKER_01: We had one maker on the grommet,
- 18:24SPEAKER_01: love her,
- 18:24SPEAKER_01: Nicole from Spring Rose,
- 18:26SPEAKER_01: who she wanted to build a bra for women that have disabilities.
- 18:30SPEAKER_01: Maybe they only have one arm.
- 18:31SPEAKER_01: Maybe they have arthritis.
- 18:33SPEAKER_01: Maybe they, and they can't put their bra on.
- 18:35SPEAKER_01: And it sounds like such a simple thing, but like that breeds confidence.
- 18:38SPEAKER_01: You don't want to leave the house.
- 18:40SPEAKER_01: You are uncomfortable all day.
- 18:42SPEAKER_01: Well,
- 18:42SPEAKER_01: it took her a year,
- 18:43SPEAKER_01: multiple patents,
- 18:44SPEAKER_01: multiple work throughs,
- 18:45SPEAKER_01: you know,
- 18:45SPEAKER_01: 30,
- 18:46SPEAKER_01: 40 different versions,
- 18:47SPEAKER_01: but she was building something that needed to be ADA compliant that,
- 18:50SPEAKER_01: you know,
- 18:50SPEAKER_01: like,
- 18:51SPEAKER_01: so like,
- 18:51SPEAKER_01: there's differences,
- 18:52SPEAKER_01: right?
- 18:52It's a difference between like,
- 18:53I want my doctor to have gone to medical school,
- 18:57right?
- 18:57SPEAKER_01: Versus just,
- 18:58SPEAKER_01: you know,
- 18:58SPEAKER_01: a guy making sunglasses,
- 18:59SPEAKER_01: you know,
- 19:00you can get away with a little bit of less knowledge on the
- 19:02expertise side.
- 19:03SPEAKER_01: So I know it's a little all over the place,
- 19:05SPEAKER_01: but I think it's,
- 19:06SPEAKER_01: if you have more money and time,
- 19:08go down that longer route and create the best product in the
- 19:11world and bring your
- 19:12SPEAKER_01: audience along with you.
- 19:13SPEAKER_01: But if you have a little,
- 19:14SPEAKER_01: like,
- 19:14SPEAKER_01: you know,
- 19:14SPEAKER_01: if you're putting this on a credit card,
- 19:16SPEAKER_01: if you're,
- 19:17SPEAKER_01: you want to get this out to the market,
- 19:18SPEAKER_01: you got to make a return much faster.
- 19:19SPEAKER_01: I would look for something that's already on the market.
- 19:22SPEAKER_01: You know,
- 19:22SPEAKER_01: look at an Alibaba,
- 19:23SPEAKER_01: look at,
- 19:23SPEAKER_01: you know,
- 19:24some of these different manufacturing sites and see if you can
- 19:26get something
- 19:27put out into the market maybe it's a licensing deal maybe it's
- 19:29going to like the
- 19:30hardware show or something like that and doing a licensing deal
- 19:33with somebody on
- 19:33the floor and getting that product to market as quick as
- 19:36possible yeah no i that's
- 19:38perfect and you know you said you're not the you know you're
- 19:40not the foremost
- 19:41expert but i think you literally you guys you and your son did
- 19:44that you did this
- 19:45process exactly the way you know most should do it especially
- 19:49if you don't have you
- 19:50SPEAKER_00: know you don't have those major dollars
- 19:52SPEAKER_00: You know, behind you, you want to start this out.
- 19:54SPEAKER_00: I mean, you found a partner to work with.
- 19:58SPEAKER_00: You found a supplier.
- 19:59SPEAKER_00: You were able to make those tweaks.
- 20:01And now the next iteration of this could be actually making
- 20:05your own sunglasses,
- 20:05right?
- 20:06SPEAKER_00: And, you know, get there.
- 20:06SPEAKER_00: The fact that you guys sold 200 on a weekend, wow.
- 20:09SPEAKER_00: I mean, okay, we got to get into that part soon.
- 20:11SPEAKER_00: We're going to have to understand that whole thing.
- 20:13SPEAKER_00: All right,
- 20:14so there's that process of getting out there and doing that
- 20:16research and finding
- 20:18SPEAKER_00: the supplier,
- 20:19SPEAKER_00: finding the route that you're gonna take,
- 20:21SPEAKER_00: finding somebody you can work with and trust because obviously,
- 20:24SPEAKER_00: if you're gonna move inventory,
- 20:26you're gonna need to go back to them and buy more and you need
- 20:29to make sure they're
- 20:29SPEAKER_00: there and they're reliable and I think getting those samples,
- 20:32SPEAKER_00: a lot of people don't know that,
- 20:33SPEAKER_00: ordering samples,
- 20:34SPEAKER_00: you should definitely be getting the samples,
- 20:38SPEAKER_00: playing with them,
- 20:38SPEAKER_00: touching them,
- 20:39SPEAKER_00: feeling them,
- 20:40SPEAKER_00: moving them,
- 20:40SPEAKER_00: wearing them,
- 20:41SPEAKER_00: making sure they work for your business.
- 20:43SPEAKER_00: Now let's talk about, all right, so I found my supplier.
- 20:46SPEAKER_00: I found my, you know, we're going to buy the inventory.
- 20:50SPEAKER_00: I'm gonna bring in,
- 20:51SPEAKER_00: you know,
- 20:51SPEAKER_00: a few hundred units of this product,
- 20:54SPEAKER_00: one particular product in the space that we're going into.
- 20:57Now I think I need to talk and figure out branding and positioning,
- 21:01right?
- 21:02SPEAKER_00: You know, I need to identify, you know, who am I?
- 21:05SPEAKER_00: Who am I trying to be?
- 21:06SPEAKER_00: I've already,
- 21:07SPEAKER_00: as you mentioned,
- 21:07SPEAKER_00: started working on content previously,
- 21:10SPEAKER_00: so I may already have a little bit of brand identity,
- 21:12SPEAKER_00: but I don't have a full-fledged,
- 21:13SPEAKER_00: and I need to figure out my unique selling proposition as well.
- 21:17SPEAKER_00: Tell me about that process.
- 21:18What is involved in getting that unique selling proposition and
- 21:22figuring out brand identity?
- 21:23SPEAKER_01: Yeah, so again, I think there's two pieces to this puzzle.
- 21:26SPEAKER_01: One is in those early days,
- 21:27I do believe that a founder-led business is so important
- 21:31because you don't have the
- 21:32dollars like a Coca-Cola or whoever to just bully your way into
- 21:35the marketplace
- 21:36SPEAKER_01: with a new product.
- 21:37You are going to have to create a connection one-on-one with
- 21:40pretty much every
- 21:40SPEAKER_01: single one of your customers in those early days.
- 21:43And so the earlier stuff about building in public and getting
- 21:46out and just,
- 21:46SPEAKER_01: I love this idea of like word vomiting.
- 21:48SPEAKER_01: Like sometimes like when,
- 21:50SPEAKER_01: whenever I launch a new product,
- 21:51I try to get interviewed on as many podcasts as I can so that
- 21:54the host can ask me
- 21:55SPEAKER_01: questions and I can just word vomit answers.
- 21:57SPEAKER_01: Like today,
- 21:58SPEAKER_01: not every one of my answers is a hundred percent polished,
- 22:01SPEAKER_01: but by going through this,
- 22:01SPEAKER_01: I'm like,
- 22:02SPEAKER_01: oh,
- 22:03SPEAKER_01: that's when the audience really liked that.
- 22:04SPEAKER_01: Or, oh, that really worked.
- 22:06SPEAKER_01: When I said that it didn't really click.
- 22:08SPEAKER_01: I need to go back and find a different story for that.
- 22:10SPEAKER_01: Or, you know, whatever the case is.
- 22:11And so find places where you can word vomit as much as you can
- 22:14in the beginning because,
- 22:16SPEAKER_01: you know,
- 22:16SPEAKER_01: and you try to be perfect.
- 22:18SPEAKER_01: And that is a big problem in the early days.
- 22:20You're like,
- 22:20I got to get the perfect tagline,
- 22:22the perfect this,
- 22:22the perfect.
- 22:24SPEAKER_01: No one is going to remember like what your website said, like ever.
- 22:29SPEAKER_01: Right?
- 22:29SPEAKER_01: Like it just doesn't exist.
- 22:30But they will remember how you made them feel,
- 22:32the energy that you brought.
- 22:33SPEAKER_01: Like you and I were talking earlier, like I'm a big energy guy.
- 22:35SPEAKER_01: I'm big.
- 22:36SPEAKER_01: I'm high.
- 22:36SPEAKER_01: I'm fast paced.
- 22:37SPEAKER_01: I'm loud.
- 22:38SPEAKER_01: I'm energetic.
- 22:39SPEAKER_01: Like I want that feeling to stick with people.
- 22:41SPEAKER_01: Oh, that's Greg from Gromit.
- 22:42SPEAKER_01: He brings a ton of energy to everything that he does.
- 22:43SPEAKER_01: And he's got some, you know, a real track record behind it.
- 22:46SPEAKER_01: And he's very tactical in what he says.
- 22:48SPEAKER_01: And like, that's what I want people to remember.
- 22:50SPEAKER_01: The tagline they're going to forget.
- 22:53SPEAKER_01: Even with RJ Shades, with my son's sunglass brand, it's been a year now.
- 22:56SPEAKER_01: We've changed taglines three times.
- 22:58SPEAKER_01: Do you know how many customers have been like, you guys changed taglines?
- 23:01SPEAKER_01: What is wrong with you?
- 23:02SPEAKER_01: No one even knows.
- 23:03SPEAKER_01: They're just like, cool, they make cool sunglasses.
- 23:05SPEAKER_01: It's from an 11-year-old baseball player.
- 23:07SPEAKER_01: That's what they...
- 23:09SPEAKER_01: And so you don't have to be perfect in the beginning.
- 23:11You have to just start by putting things out in the marketplace
- 23:13and seeing how they
- 23:14SPEAKER_01: adapt to it and how you adapt to it.
- 23:16SPEAKER_01: The more that my son's been interviewed,
- 23:18the more he's like gone up to baseball players and talked about
- 23:20his sunglasses,
- 23:21SPEAKER_01: he's figuring out like,
- 23:23SPEAKER_01: oh,
- 23:23SPEAKER_01: when I say this,
- 23:24SPEAKER_01: their eyes light up or they get excited to open the glasses.
- 23:26SPEAKER_01: When I said this, they were just like, oh, cool kid.
- 23:29SPEAKER_01: Like, thanks, man.
- 23:29SPEAKER_01: You know?
- 23:30SPEAKER_01: And so...
- 23:31I think this practicing in public is so important for those
- 23:33early stages of a brand.
- 23:35SPEAKER_01: Don't get so caught up in the logo has to be perfect.
- 23:38SPEAKER_01: The tagline has to be perfect.
- 23:39SPEAKER_01: The copy has to be perfect.
- 23:41SPEAKER_01: Figure out through these personal interactions what the problem is,
- 23:45SPEAKER_01: what problem you're solving,
- 23:46SPEAKER_01: how you're solving it,
- 23:47SPEAKER_01: how it's unique in the marketplace,
- 23:48SPEAKER_01: the feeling.
- 23:49SPEAKER_01: Those things are way more important in the early days.
- 23:51SPEAKER_01: The brand can come later.
- 23:53SPEAKER_01: And the brand comes from your customers buying it and saying,
- 23:56SPEAKER_01: Man, I love that cable management system.
- 23:59SPEAKER_01: It made my office so X,
- 24:01SPEAKER_01: Y,
- 24:01SPEAKER_01: and Z.
- 24:01SPEAKER_01: Well,
- 24:01SPEAKER_01: X,
- 24:02SPEAKER_01: Y,
- 24:02SPEAKER_01: and Z,
- 24:02SPEAKER_01: when you start hearing it over and over and over and over again,
- 24:05SPEAKER_01: that becomes your tagline.
- 24:07SPEAKER_01: That becomes what it is that you're putting onto your website.
- 24:10SPEAKER_01: Now, flip side.
- 24:12Don't go to Fiverr and make a crappy logo that you could have
- 24:15made and clip art and paint.
- 24:16SPEAKER_01: There are so many cool places out there to get design done,
- 24:19SPEAKER_01: whether that's,
- 24:20SPEAKER_01: you know,
- 24:20SPEAKER_01: working with a freelance designer,
- 24:22SPEAKER_01: working with,
- 24:22SPEAKER_01: you know,
- 24:23SPEAKER_01: doing a contest through like 99 designs.
- 24:24SPEAKER_01: I use 99 designs for like literally everything.
- 24:26SPEAKER_01: I love,
- 24:27SPEAKER_01: you know,
- 24:27SPEAKER_01: cause you pay like five,
- 24:28600 bucks and you get like a hundred logos and you get to pick
- 24:30and choose.
- 24:31And there are so many resources out there mid journey on your phone,
- 24:34like an AI service.
- 24:35Hey,
- 24:36make me a cool logo with a palm tree on a computer for whatever
- 24:41it is.
- 24:41You can do all these things very,
- 24:43very easily,
- 24:44but know that you can change.
- 24:45SPEAKER_01: I mean, how many times do big Fortune 500 brands change their logo?
- 24:50SPEAKER_01: all the time, right?
- 24:51SPEAKER_01: It's new, it's something to talk about.
- 24:53SPEAKER_01: So don't get so stuck in it in those early days.
- 24:56I think it's so much more important to find your voice of who
- 24:59you are as the
- 25:00SPEAKER_01: founder and then who your company is and how you help your audience.
- 25:04To me,
- 25:04that's so much more important than the logo that you put on the product.
- 25:08SPEAKER_00: And let's remember, this is all digital.
- 25:10SPEAKER_00: It can all be changed.
- 25:11SPEAKER_00: 100%.
- 25:12SPEAKER_00: To your point.
- 25:12I mean,
- 25:13literally tomorrow,
- 25:14you gave the example of your son walking up to baseball players.
- 25:18Through those conversations,
- 25:20a unique selling proposition could be discovered.
- 25:22SPEAKER_00: A new one.
- 25:23SPEAKER_00: Exactly.
- 25:24SPEAKER_00: Interesting, I didn't look at it that way.
- 25:26SPEAKER_00: Go to the site,
- 25:26SPEAKER_00: make some changes,
- 25:27SPEAKER_00: send some adjustments,
- 25:28SPEAKER_00: there you go,
- 25:29SPEAKER_00: and now it's this constant iteration of who you are.
- 25:32SPEAKER_00: But I love, again, I'll take it back to the building in public.
- 25:36SPEAKER_00: So many people are afraid to build in public, right?
- 25:38They wanna keep their ideas quiet and secret,
- 25:40and I think there was a book
- 25:42SPEAKER_00: called Content Inc.
- 25:44SPEAKER_00: back in the day.
- 25:45SPEAKER_00: This was early days of social media.
- 25:47SPEAKER_00: And it talks a lot about that,
- 25:48SPEAKER_00: like literally build that audience before you even launch your product.
- 25:51SPEAKER_00: And that's exactly what you're saying to do.
- 25:54And then don't be afraid to make the changes and adjustments
- 25:56and continue to build in public.
- 25:58And that's how you get,
- 25:59well,
- 25:59you're a content creator really at the end of the day.
- 26:03So now we've got our,
- 26:04you know,
- 26:04at least what we believe is a good,
- 26:06unique selling proposition.
- 26:08SPEAKER_00: We at least understand some bits of our brand.
- 26:12SPEAKER_00: You know, we may make changes down the road.
- 26:14SPEAKER_00: Now we're ready to figure out our marketing.
- 26:15SPEAKER_00: And again,
- 26:16SPEAKER_00: we've already started doing some marketing based on,
- 26:18SPEAKER_00: you know,
- 26:19your philosophy of coming out there and building in public and
- 26:22starting early on.
- 26:23But we need to figure out,
- 26:24all right,
- 26:25now we need to actually move some units.
- 26:27SPEAKER_00: What marketing channels?
- 26:29SPEAKER_00: Like, where do I start looking?
- 26:30SPEAKER_00: They're everywhere, right?
- 26:32SPEAKER_00: And there's so many choices.
- 26:34Do I need to figure out and do I need to do a buyer persona
- 26:37first before I figure
- 26:38SPEAKER_00: out my marketing channels?
- 26:39What's the right move in this marketing and sales strategy side
- 26:43of things?
- 26:43SPEAKER_01: Yeah, I love this.
- 26:43So I'm gonna talk about three different pieces of kind of a
- 26:47go-to market strategy.
- 26:49SPEAKER_01: The first is hopefully as you're building in public,
- 26:52you are driving the people who are super interested in what
- 26:55you're doing to something,
- 26:57SPEAKER_01: right?
- 26:57SPEAKER_01: To an email list,
- 26:58SPEAKER_01: to an early bird list,
- 26:59SPEAKER_01: to a pre-launch list,
- 27:00SPEAKER_01: a list,
- 27:01SPEAKER_01: email,
- 27:02SPEAKER_01: drive all of these people to email.
- 27:05SPEAKER_01: And the bigger you build that email list.
- 27:06SPEAKER_01: Now,
- 27:06SPEAKER_01: when you have product in,
- 27:07SPEAKER_01: you send that email out and you're like,
- 27:08SPEAKER_01: Hey,
- 27:09SPEAKER_01: guess what guys,
- 27:10SPEAKER_01: the,
- 27:10SPEAKER_01: the,
- 27:10SPEAKER_01: the cable management system that you've been waiting for,
- 27:12SPEAKER_01: and we've been working on,
- 27:14SPEAKER_01: and you've been seeing behind the scenes,
- 27:15SPEAKER_01: it's finally here.
- 27:15SPEAKER_01: Go buy it.
- 27:16SPEAKER_01: Right?
- 27:16SPEAKER_01: So the,
- 27:17Your internal list is the most valuable thing that you could
- 27:21own as an e-commerce entrepreneur.
- 27:22If you're going direct to consumer,
- 27:23that list is the most important thing.
- 27:25And you can start building that before you have product,
- 27:27before you have inventory,
- 27:28all of that.
- 27:29SPEAKER_01: So I think that is thing number one.
- 27:31SPEAKER_01: Thing number two is I would tap into communities.
- 27:34SPEAKER_01: And so what I mean by communities is...
- 27:37SPEAKER_01: there is probably groups on LinkedIn and Reddit,
- 27:41SPEAKER_01: on Facebook,
- 27:43SPEAKER_01: Discord,
- 27:44SPEAKER_01: whatever it is,
- 27:44SPEAKER_01: where,
- 27:45SPEAKER_01: you know,
- 27:45SPEAKER_01: there's a work from home,
- 27:48SPEAKER_01: you know,
- 27:48SPEAKER_01: desk community somewhere.
- 27:50SPEAKER_01: And there's probably tens of thousands,
- 27:53SPEAKER_01: 20,000,
- 27:53SPEAKER_01: 50,000,
- 27:58100,000 people in those communities where you could be,
- 27:55SPEAKER_01: you know,
- 27:56SPEAKER_01: talking to them and like,
- 27:57SPEAKER_01: hey,
- 27:57SPEAKER_01: this is what I discovered.
- 27:58Like,
- 27:58hey,
- 27:58I saw you were,
- 27:59you know,
- 27:59trying to organize your desk like this.
- 28:01SPEAKER_01: Like,
- 28:01here's two or three things that I'm working on and like using
- 28:03and leveraging those communities.
- 28:05SPEAKER_01: The other thing with communities,
- 28:07that I've been working on getting people to do is making
- 28:12connections with the
- 28:13SPEAKER_01: admins of those communities.
- 28:14SPEAKER_01: So you're an admin of the community.
- 28:16SPEAKER_01: Hey, I'd love to do something super cool for your community.
- 28:18SPEAKER_01: Like,
- 28:19can I do a webinar about the five mistakes people make when
- 28:22building their home
- 28:22SPEAKER_01: office to be more productive or the five mistakes that are hurting your
- 28:26SPEAKER_01: productivity in your home office?
- 28:28SPEAKER_01: Like, I'd love to just do that for free.
- 28:29SPEAKER_01: We could do a Facebook live.
- 28:31SPEAKER_01: It'll be awesome.
- 28:32SPEAKER_01: And at the end,
- 28:32I'm gonna do a giveaway where I'm gonna give away five of my
- 28:35cable management things.
- 28:36right and these hosts are like you want to do that for free you
- 28:38want to give away
- 28:39stuff to my community like this is awesome um and you many
- 28:43times they will say yes
- 28:44you get to do that presentation get a ton of people on and of
- 28:46course what are you
- 28:46talking about the whole time the five problems that your
- 28:49product fixes right and
- 28:51and so you have to discuss it with the admin some will let you
- 28:53sell you know at the
- 28:54end some will like you know more of a softer offer but you do 5
- 28:5810 15 of these
- 28:58SPEAKER_01: presentations man you build your audience so
- 29:01so quickly by leveraging other people's audiences i think
- 29:04that's one of the most
- 29:05underrated strategies and again this works everywhere like
- 29:07we're doing this right
- 29:08now with my son we're going to all the there's travel baseball
- 29:12facebook groups and
- 29:13they're like ravid like they're crazy because especially right
- 29:16now it's like off
- 29:17season we're recording this uh in the start of summer so
- 29:20everybody's getting ready
- 29:21like where am i going to play for fall what who's got tryouts
- 29:23who's i hated my team
- 29:25i'm looking for a new coach or like whatever like all the
- 29:27shenanigans that go on in
- 29:28SPEAKER_01: kids baseball
- 29:29SPEAKER_01: And we're just coming in there.
- 29:30SPEAKER_01: Hey,
- 29:31can we come in and just do a really cool mindset training of
- 29:34like the five things
- 29:35SPEAKER_01: I'm teaching my 11 year old son that helped him to be a better,
- 29:38SPEAKER_01: better player mentally.
- 29:39And we want to give away,
- 29:40you know,
- 29:41five pairs of sunglasses to some of the dads that come on.
- 29:43SPEAKER_01: And they're all just like.
- 29:44SPEAKER_01: Yes.
- 29:45SPEAKER_01: Like amazing.
- 29:46Like we don't,
- 29:47you know,
- 29:47and so these things,
- 29:48there's so many communities out there.
- 29:50That's why I started this whole conversation with,
- 29:53you're not selling cable management things.
- 29:55You're creating a media property around work from home or sleek
- 29:59and sexy ergonomic products.
- 30:01Like you're,
- 30:02you,
- 30:02you want to be a part of a community so that you can tap into them.
- 30:04If you're just selling cable management stuff,
- 30:06you're stuck in cable management land.
- 30:09SPEAKER_01: Um,
- 30:09SPEAKER_01: You want to go much bigger.
- 30:10SPEAKER_01: So while I sell baseball sunglasses,
- 30:12SPEAKER_01: what we're really selling is the mindset of an elite athlete,
- 30:15SPEAKER_01: the training of an elite athlete.
- 30:16How many more lanes are there open for us going that versus we
- 30:19just sell baseball sunglasses?
- 30:21SPEAKER_01: And so anyway, I think communities.
- 30:22SPEAKER_01: The third thing...
- 30:25That I'm going to go through and then I promise I'll shut up
- 30:26and take a break.
- 30:28Is there are incredible go to market platforms that will help
- 30:31you generate some momentum.
- 30:32SPEAKER_01: One of them self-servingly being like the grommet.
- 30:35SPEAKER_01: Like we live in this space where you got to zero to one.
- 30:38SPEAKER_01: You made your product.
- 30:39SPEAKER_01: You got inventory.
- 30:40SPEAKER_01: You can't afford to hire an agency who's going to charge you five grand,
- 30:43SPEAKER_01: 10 grand a month retainer.
- 30:44SPEAKER_01: But like you're not there yet.
- 30:46SPEAKER_01: How do you get that momentum?
- 30:47SPEAKER_01: Well,
- 30:47SPEAKER_01: there's platforms like Gromit,
- 30:48SPEAKER_01: like Amazon,
- 30:49like there's these marketplaces where you can put your product
- 30:52and find those first hundred,
- 30:54SPEAKER_01: 500,000 customers to get you that momentum,
- 30:57SPEAKER_01: to get you that market feedback and get rid of inventory.
- 30:59SPEAKER_01: Like that's what you need to do in the early days.
- 31:01SPEAKER_01: Like let's get rid of inventory.
- 31:03And so I think it's finding some of these marketplaces that
- 31:06will partner with you
- 31:07SPEAKER_01: to help drive customers your way and do it in a way that is very maker,
- 31:12SPEAKER_01: entrepreneur friendly.
- 31:13SPEAKER_01: Like at Gromit, we're performance only.
- 31:15We're free for your first week that you're on Gromit,
- 31:16and then we only charge you per sale.
- 31:18That makes the relationship really advantageous for you because
- 31:21you're not spending,
- 31:23SPEAKER_01: let's give Mark Zuckerberg 10 grand,
- 31:25SPEAKER_01: and hopefully we sell more inventory than that,
- 31:27SPEAKER_01: right?
- 31:27SPEAKER_01: Again,
- 31:28SPEAKER_01: Meta's great,
- 31:29SPEAKER_01: but at those early days when you don't have dollars to throw away,
- 31:32SPEAKER_01: you want to find these platforms you can partner with.
- 31:35SPEAKER_01: One, build your email list.
- 31:36SPEAKER_01: Two,
- 31:36leverage communities and get your way into partnerships and
- 31:40leverage other people's audiences.
- 31:41SPEAKER_01: And then three,
- 31:41find these platforms that will allow you to generate that
- 31:44momentum on very
- 31:45SPEAKER_01: maker-friendly terms.
- 31:47SPEAKER_00: I mean...
- 31:49SPEAKER_00: Low to no cost right here.
- 31:50SPEAKER_00: Those are three low to no cost, just effort, right?
- 31:53SPEAKER_00: Putting in that effort and finding what you need to find out there.
- 31:57SPEAKER_00: It's so funny.
- 31:57If you think back to 2004 when you started your first
- 32:01e-commerce business,
- 32:02SPEAKER_00: I'm sure you were told,
- 32:04SPEAKER_00: email marketing,
- 32:04SPEAKER_00: build a list,
- 32:05SPEAKER_00: right?
- 32:06SPEAKER_00: We're still being told, build a list.
- 32:08SPEAKER_00: Literally, we will be told, build a list until the end of time.
- 32:12SPEAKER_01: It's really funny.
- 32:13SPEAKER_01: I just did a video on this of newsletters are sexy again.
- 32:17SPEAKER_01: Everybody bought the newsletter.
- 32:18SPEAKER_00: I saw that.
- 32:19SPEAKER_01: Dude, I've been doing newsletters for 20-something years, man.
- 32:21SPEAKER_01: This is great.
- 32:23SPEAKER_01: And pre that, I came from the direct mail world even before this.
- 32:26SPEAKER_01: It was all about your house list.
- 32:28And then you would send physical mail to the people who bought
- 32:31your products and
- 32:32SPEAKER_01: try to get them to board.
- 32:32SPEAKER_01: I'm just like, this is in the Stone Age.
- 32:35SPEAKER_01: They were probably just like, who bought this?
- 32:36SPEAKER_01: Who bought the sheep last time?
- 32:37SPEAKER_01: Let's go sell them more sheep, right?
- 32:39SPEAKER_01: And it's just wild.
- 32:40SPEAKER_00: And people are selling, right?
- 32:42SPEAKER_00: People are selling their newsletters, building and selling newsletters.
- 32:46SPEAKER_00: Quite an interesting business, but definitely down the email.
- 32:49But I love the community idea,
- 32:51getting out there and meeting community admins.
- 32:53SPEAKER_00: And you're right, giving out that free content.
- 32:55I'll do a webinar on a particular topic and then maybe giving
- 32:58out some free product.
- 32:59SPEAKER_00: What a great way.
- 33:00SPEAKER_00: I mean, what did that cost you?
- 33:01It cost you four or five products out there,
- 33:06but people have them now in their hands.
- 33:08SPEAKER_00: They're using them.
- 33:10SPEAKER_00: Ask for a review.
- 33:11SPEAKER_00: They got something for free.
- 33:13SPEAKER_00: Ask for a review.
- 33:13We'd love for you to post a review on our site once you get a
- 33:16chance to try out the
- 33:17SPEAKER_00: product that we just sent you.
- 33:19SPEAKER_00: So great, great ideas.
- 33:20SPEAKER_00: All right, so I've got my low to no cost marketing game plan.
- 33:26SPEAKER_00: including going onto the grommet,
- 33:29SPEAKER_00: getting the product out there,
- 33:30SPEAKER_00: which I think is fantastic and an amazing opportunity to do.
- 33:34SPEAKER_00: But let's talk now.
- 33:35SPEAKER_00: I'm ready to launch.
- 33:37There's some pre-launch activities that I have to go through to
- 33:41get that successful launch,
- 33:42SPEAKER_00: launch execution.
- 33:44SPEAKER_00: I've already hopefully built an audience.
- 33:46SPEAKER_00: I've got my email list.
- 33:47SPEAKER_00: Maybe my email list is going to be part of my launch strategy.
- 33:50SPEAKER_00: Talk to me about
- 33:51launching successfully people have this notion that you know
- 33:54you push a button and
- 33:55things happen well maybe it's not exactly like that right
- 33:58that's not what happens
- 33:59give me your perspective come on like um yeah i think the
- 34:03fireworks we can get
- 34:04fireworks behind this so right you know so i want to talk about
- 34:07one of the most
- 34:08underrated things that most business owners don't think about
- 34:13during the launch
- 34:14SPEAKER_01: process and
- 34:16SPEAKER_01: It is the offer.
- 34:17I think so many people get the offer wrong,
- 34:20and this makes all the difference in the world.
- 34:21SPEAKER_01: And when I think most e-commerce business owners think about offers,
- 34:25SPEAKER_01: they think,
- 34:25SPEAKER_01: all right,
- 34:26SPEAKER_01: I'm selling this water bottle.
- 34:28SPEAKER_01: It's $24.99, and it comes in three colors.
- 34:32SPEAKER_01: That's their whole offer.
- 34:33SPEAKER_01: And I'm just like,
- 34:34SPEAKER_01: Oh my God,
- 34:34like you are completely missing the boat because you've got a
- 34:37thousand of these
- 34:38SPEAKER_01: shaker bottles in your garage.
- 34:39SPEAKER_01: We need to get rid of a lot of these shaker bottles.
- 34:42SPEAKER_01: What is the, what is the true offer that we want to, that we want to do?
- 34:45So you asked earlier,
- 34:46like,
- 34:46how did I sell 200 pairs of sunglasses in a weekend?
- 34:49SPEAKER_01: Well, we sold a package called the triple play.
- 34:52SPEAKER_01: We sold one for $50.
- 34:54SPEAKER_01: We sold three different colors for a hundred dollars.
- 34:57SPEAKER_01: Guess which one we sold?
- 34:59SPEAKER_01: Everyone bought the three for a hundred.
- 35:01SPEAKER_01: It doubled our average order value.
- 35:03SPEAKER_01: So now instead of a customer spending 50, they were spending a hundred.
- 35:06SPEAKER_01: They were getting three pairs of glasses.
- 35:08SPEAKER_01: So the value was so much better for them.
- 35:10SPEAKER_01: And I moved inventory in two days.
- 35:12SPEAKER_01: It was like this irresistible offer that they couldn't live without.
- 35:15And so my challenge to you is like,
- 35:18how can you create an offer that someone can't say no to?
- 35:21SPEAKER_01: And
- 35:22And really spend time thinking about this because this is the
- 35:25difference between
- 35:25selling 20 shakers on launch day and 100 shakers on launch day
- 35:30to the same number
- 35:31SPEAKER_01: of customers.
- 35:33SPEAKER_01: That is the big difference.
- 35:34SPEAKER_01: You might only have 25 people who buy your shaker on day one,
- 35:37SPEAKER_01: but are they only buying one shaker?
- 35:39SPEAKER_01: Are they buying two shakers?
- 35:40SPEAKER_01: Are they buying five shakers for their whole family?
- 35:43SPEAKER_01: Substitute that for whatever it is, going back to cable management.
- 35:46do I just need one table system or do I have a home office and
- 35:51I have my actual
- 35:52SPEAKER_01: office and I have,
- 35:53SPEAKER_01: my wife has a station over here.
- 35:54SPEAKER_01: I need a bundle, right?
- 35:56Or do I break out the product and we have like two of these
- 35:59types of cable thingies
- 36:00SPEAKER_01: and three of these types,
- 36:01SPEAKER_01: uh,
- 36:02Rapid Storage is a brand that's on the Gromit and they have
- 36:06four different bundles
- 36:08of cable management and it starts at like $12.99 all the way up
- 36:11to $99.99.
- 36:12We sell more than $99.99 because it's got a little bit of
- 36:15everything and it's the whole system.
- 36:18SPEAKER_01: And I really want people to think about the offer.
- 36:20SPEAKER_01: So the offer is the price.
- 36:22SPEAKER_01: How much is the thing?
- 36:23SPEAKER_01: How many of those things?
- 36:24SPEAKER_01: So there's bundle strategies.
- 36:26SPEAKER_01: Buy one, buy two, and get free shipping.
- 36:28SPEAKER_01: Buy three and get one free.
- 36:30SPEAKER_01: There's all these different strategies of bundles.
- 36:34And the objection I get all the time is,
- 36:35well,
- 36:35I only have one cup in one color.
- 36:37SPEAKER_01: Like, how can I, we'll just buy bundle more of the same.
- 36:40SPEAKER_01: Maybe they want three of those cups.
- 36:42SPEAKER_01: Like they try to make it harder.
- 36:43SPEAKER_01: They're like, well, I don't have three different colors.
- 36:45SPEAKER_01: I don't like, cool.
- 36:46SPEAKER_01: Just buy more of the same.
- 36:47SPEAKER_01: I think it is a bundle strategy.
- 36:49SPEAKER_01: Two is, can you package them up?
- 36:50SPEAKER_01: Like what we did with the sunglasses was three different colors.
- 36:53SPEAKER_01: They got a black color.
- 36:54a pair they got a white pair and they got a pink pair right so
- 36:56they got three
- 36:57different pairs at the same time the other thing is like do you
- 36:59have a bundle where
- 37:01it is the cable management system but they're also getting a
- 37:04ergonomic mouse pad
- 37:06and like something else and you're bundling three different two
- 37:09or three different
- 37:09products together so think about your offer in terms of what
- 37:13else do they get do
- 37:13SPEAKER_01: they get something free with purchase so
- 37:16I did a lot of work with Dan Kennedy from the direct response
- 37:18side forever.
- 37:19SPEAKER_01: And he was working with sports illustrated and the magazine was,
- 37:23SPEAKER_01: you know,
- 37:23SPEAKER_01: this is in the early eighties.
- 37:25SPEAKER_01: The magazine was, was on a crash course.
- 37:27SPEAKER_01: No one wanted the magazine.
- 37:29SPEAKER_01: And all of a sudden this guy in his office said,
- 37:32SPEAKER_01: well,
- 37:32SPEAKER_01: I got these,
- 37:32SPEAKER_01: like,
- 37:33SPEAKER_01: I got like 50 of these phones with footballs on them.
- 37:35SPEAKER_01: Like, could we just, could we just give them away?
- 37:38And so they ran a two minute TV commercial where you got the
- 37:40free football phone
- 37:42SPEAKER_01: with your subscription to sports illustrated.
- 37:44SPEAKER_01: They sold three,
- 37:45SPEAKER_01: thousands and thousands of phones on the first day the commercial ran.
- 37:50SPEAKER_01: They only had like 100 of them.
- 37:51They ended up doing 3 million subscriptions of Sports
- 37:55Illustrated in one year due
- 37:57SPEAKER_01: to the football phone.
- 37:58So it's finding that offer that's like everybody wanted the
- 38:02football phone,
- 38:03SPEAKER_01: but they were buying the subscription to Sports Illustrated.
- 38:05So are they buying your shaker cup because of the cup or
- 38:08because of the free doodad
- 38:09SPEAKER_01: that went along with it?
- 38:11SPEAKER_01: You know, in the case of...
- 38:13SPEAKER_01: Cable management, here's the crazy thing is it could also be education.
- 38:17SPEAKER_01: It could be a course about how to set up your office,
- 38:19SPEAKER_01: a free $49 productivity home office setup course,
- 38:23SPEAKER_01: right?
- 38:23SPEAKER_01: That you teach, you just do videos.
- 38:25SPEAKER_01: Guess how much cost that is?
- 38:27SPEAKER_01: Zero, right?
- 38:29So it could be a $49 value,
- 38:32a $99 value,
- 38:32but it doesn't cut into your cogs.
- 38:34SPEAKER_01: It doesn't cut into your profit margins.
- 38:36SPEAKER_01: And so there's so many things you could do with that.
- 38:38SPEAKER_01: What's your money back guarantee?
- 38:39SPEAKER_01: Is it a 30-day, 60-day, 90-day?
- 38:41SPEAKER_01: Is it lifetime?
- 38:41SPEAKER_01: Is it ironclad?
- 38:42SPEAKER_01: Is it no questions asked?
- 38:45SPEAKER_01: Do you have...
- 38:46SPEAKER_01: You know, social proofing.
- 38:47SPEAKER_01: Do you have, what's the urgency and scarcity that you have?
- 38:50SPEAKER_01: Do you, like when we did the sunglasses, we were like, we only got 300.
- 38:53SPEAKER_01: That's all we ordered.
- 38:54SPEAKER_01: Literally, that's all we have.
- 38:55SPEAKER_01: And so it was like, I want to buy it now.
- 38:56SPEAKER_01: So they don't sell out.
- 38:58SPEAKER_01: Is there urgency?
- 38:59Hey,
- 38:59we're only giving away the football phone if you order by Friday,
- 39:02right?
- 39:02SPEAKER_01: Give them a reason to buy.
- 39:04SPEAKER_01: Why do I have to buy your product now?
- 39:06SPEAKER_01: All of these things go into your offer.
- 39:08SPEAKER_01: And the more that you can spend time on your offer, right?
- 39:11And I think it's what e-commerce entrepreneurs spend the least
- 39:13amount of time doing.
- 39:14SPEAKER_01: They say, all right, my cogs on this cup are $4.99.
- 39:17SPEAKER_01: I've been told by some guy somewhere that I need a Forex margin,
- 39:20SPEAKER_01: so I'm gonna charge 20 bucks for the cup.
- 39:22SPEAKER_01: That's their whole offer strategy, right?
- 39:24SPEAKER_01: That is a huge,
- 39:26huge thing that is going to determine the success or failure of
- 39:29your launch is
- 39:30figuring out your offer strategy and how to make it so
- 39:33irresistible and sexy for
- 39:35SPEAKER_01: your customers that they just have to say yes.
- 39:38SPEAKER_01: And the last thing I'll say is it doesn't have to be a discount.
- 39:42SPEAKER_01: You know, it doesn't have to be 20% off 50% off.
- 39:46SPEAKER_01: It doesn't have to be that.
- 39:47SPEAKER_01: How do you add more value?
- 39:48SPEAKER_01: How do you make it more valuable for the shopper?
- 39:50SPEAKER_01: And then you don't have to be a discount brand.
- 39:52SPEAKER_01: It could be a discount, right?
- 39:54SPEAKER_01: In the case of the sunglasses,
- 39:55SPEAKER_01: but it was buy more and get a discount buy more and get free shipping.
- 39:58SPEAKER_01: Here's the free shipping threshold.
- 40:00Like really spend time on this and you will have a much more
- 40:03successful launch.
- 40:04SPEAKER_00: Yeah, I love it.
- 40:05SPEAKER_00: A lot of times when I'm doing coaching in the community,
- 40:08we just look at traffic and then we look at what they've been
- 40:11doing offer wise and
- 40:13SPEAKER_00: trying to show them if you literally,
- 40:15SPEAKER_00: you know,
- 40:16SPEAKER_00: bundled this,
- 40:17SPEAKER_00: you know,
- 40:18SPEAKER_00: put together a better offer.
- 40:19SPEAKER_00: And if your traffic stayed exactly the same,
- 40:22SPEAKER_00: you already increased your,
- 40:23SPEAKER_00: you know,
- 40:23SPEAKER_00: if you increase your average order value,
- 40:25SPEAKER_00: you're going to increase your sales,
- 40:27SPEAKER_00: your revenue,
- 40:28SPEAKER_00: everything is going to go up off of
- 40:30SPEAKER_00: you know, the same amount of traffic in there.
- 40:32SPEAKER_00: So I think that offer strategy applies perfectly to launch day too.
- 40:36SPEAKER_00: And I love the fact that you and your son thought this out,
- 40:39SPEAKER_00: said,
- 40:39SPEAKER_00: you know,
- 40:40SPEAKER_00: let's get three,
- 40:40SPEAKER_00: you know,
- 40:41SPEAKER_00: Costco does it a lot too,
- 40:42SPEAKER_00: right?
- 40:42SPEAKER_00: You walk into Costco,
- 40:44SPEAKER_00: it's,
- 40:44SPEAKER_00: you get,
- 40:45SPEAKER_00: you know,
- 40:45SPEAKER_00: three coffee cups,
- 40:46SPEAKER_00: three coffee mugs instead of one.
- 40:48SPEAKER_00: And like, do I really need?
- 40:50SPEAKER_00: Well, yeah, sure.
- 40:50SPEAKER_00: My wife can have one.
- 40:51SPEAKER_00: I can have one.
- 40:52SPEAKER_00: Yeah.
- 40:52SPEAKER_00: Maybe my son will put smoothies in it.
- 40:53SPEAKER_00: All right, cool.
- 40:54SPEAKER_00: I'll just buy all three of these.
- 40:55SPEAKER_00: It's a good bundle offer.
- 40:57SPEAKER_00: So I love that.
- 40:58SPEAKER_00: All right, so now we've launched.
- 41:01SPEAKER_00: Now we need to move into what we call post-launch, right?
- 41:03SPEAKER_00: Post-launch growth, getting customer feedback.
- 41:08We got feedback in our early days when we were going through
- 41:12ideation process,
- 41:13SPEAKER_00: but right now we need to figure out,
- 41:16SPEAKER_00: do people like our products?
- 41:16SPEAKER_00: They're in their hands.
- 41:18SPEAKER_00: How do we get reviews?
- 41:19SPEAKER_00: What do we do?
- 41:20SPEAKER_00: How do we scale this thing up?
- 41:21SPEAKER_00: What are your thoughts on this particular side of the blueprint?
- 41:24SPEAKER_01: Yeah, so I think this actually starts with packaging.
- 41:27So the first thing that I wanna talk about is when you ship
- 41:31your product to someone,
- 41:32SPEAKER_01: are you empowering your shopper to do some of that post transaction,
- 41:38SPEAKER_01: post marketing for you?
- 41:40SPEAKER_01: So what we've done on the sunglass side is we have a card.
- 41:45SPEAKER_01: On the front side, it's like, thanks for your order.
- 41:47SPEAKER_01: It's got a cool picture of it.
- 41:49SPEAKER_01: On the backside, it has three QR codes.
- 41:51One for customer support,
- 41:53one to subscribe to our YouTube channel,
- 41:56and one to leave us a review.
- 41:57SPEAKER_01: Right.
- 41:58And so right on the card and then under it is just a blank like
- 42:01white space where I have my son.
- 42:03SPEAKER_01: He's just,
- 42:03SPEAKER_01: you know,
- 42:03SPEAKER_01: he writes like a thank you note,
- 42:04SPEAKER_01: like thanks for your order or whatever it is.
- 42:06But we're using the packaging to try to drive people to
- 42:10subscribe to our YouTube channel.
- 42:11We're using the packaging to get people to leave reviews and
- 42:14get people to like
- 42:15SPEAKER_01: take photos of them wearing the glasses so that,
- 42:17SPEAKER_01: you know,
- 42:17SPEAKER_01: obviously we want to leverage that in what it is that we do.
- 42:20SPEAKER_01: So I think that that's one.
- 42:22SPEAKER_01: So packaging is super important.
- 42:24SPEAKER_01: Don't just throw this in a box and ship it to someone.
- 42:27SPEAKER_01: What are you using in your packaging to get someone to say,
- 42:29SPEAKER_01: you know what,
- 42:30SPEAKER_01: I am going to go leave a review because you made it really easy to,
- 42:33SPEAKER_01: or there's an incentive to.
- 42:34SPEAKER_01: So thinking through that is really important from the packaging side.
- 42:38SPEAKER_01: Two is obviously email, right?
- 42:40SPEAKER_01: So you get an order,
- 42:41SPEAKER_01: they should be added to your email list,
- 42:43SPEAKER_01: and you should have a post-purchase flow.
- 42:44SPEAKER_01: That's like email, like e-commerce email 101.
- 42:47SPEAKER_01: Okay.
- 42:47SPEAKER_01: Thanks for your purchase.
- 42:48SPEAKER_01: Leave us a review.
- 42:49SPEAKER_01: Hey, your order's on the way.
- 42:50SPEAKER_01: Here's tracking and shipping, setting expectations.
- 42:52SPEAKER_01: Do you want them to join a community?
- 42:54SPEAKER_01: What do you want them to do after purchase?
- 42:57SPEAKER_01: The third thing,
- 42:58SPEAKER_01: which is the least scalable thing,
- 43:00but I think one of the most important things you could do at
- 43:02the early stages,
- 43:04SPEAKER_01: is physically calling or texting your customers.
- 43:08SPEAKER_01: So we've done this,
- 43:10SPEAKER_01: I've done this in multiple businesses now is I get this,
- 43:13SPEAKER_01: I have a zappier thing that as soon as the shipping,
- 43:16like is said that it's like been dropped off by USPS or FedEx
- 43:19or whatever,
- 43:20it sends a zap into my Slack and it shoots me that person's
- 43:23contact information.
- 43:24And then I know that you got the package today and I get a
- 43:27little reminder to call
- 43:28SPEAKER_01: you the next day.
- 43:29SPEAKER_01: And I would either do it myself.
- 43:31SPEAKER_01: I also had an assistant do it at a time and we would call it,
- 43:34SPEAKER_01: Hey,
- 43:34SPEAKER_01: just want to make sure you got the product.
- 43:36SPEAKER_01: Uh, did you have any issues with it?
- 43:37SPEAKER_01: Like, did you, were you able to open it?
- 43:39SPEAKER_01: Like,
- 43:39SPEAKER_01: did you,
- 43:39SPEAKER_01: you know,
- 43:40SPEAKER_01: whatever the case is,
- 43:40SPEAKER_01: I used to sell this video planner and I'd be like,
- 43:42SPEAKER_01: Hey,
- 43:42SPEAKER_01: like,
- 43:43SPEAKER_01: did you get your video planner?
- 43:44SPEAKER_01: Did you have a chance to shoot your first video?
- 43:46SPEAKER_01: Like what limitations or roadblocks do you have?
- 43:48SPEAKER_01: Like whatever it was.
- 43:49SPEAKER_01: And I was getting all this customer feedback, um,
- 43:52SPEAKER_01: For some of my businesses,
- 43:53SPEAKER_01: I would use it as an upsell opportunity because they would tell me,
- 43:55SPEAKER_01: like,
- 43:55SPEAKER_01: hey,
- 43:55SPEAKER_01: here's my frustration with this.
- 43:56SPEAKER_01: Well, cool.
- 43:57SPEAKER_01: Do you know that we have this ultra deluxe package, whatever it is?
- 44:00SPEAKER_01: But we would call and get real-time feedback.
- 44:03SPEAKER_00: Wow.
- 44:04SPEAKER_00: What a concept, Greg.
- 44:06SPEAKER_00: The phone.
- 44:07SPEAKER_00: The phone.
- 44:08SPEAKER_01: Who knew in this world?
- 44:10SPEAKER_01: And then the last thing that I'll say on this,
- 44:12SPEAKER_01: and I think this is,
- 44:13SPEAKER_01: again,
- 44:13SPEAKER_01: going back to content creation,
- 44:14SPEAKER_01: is how can you allow your shoppers to create content for you?
- 44:18There's this whole UGC world that's out there where you're
- 44:20trying to incentivize
- 44:21SPEAKER_01: your customers to like create videos and stuff for you.
- 44:23I find it even easier of just like,
- 44:24hey,
- 44:25I know you just bought the sunglasses.
- 44:27SPEAKER_01: Do you want to maybe jump on Zoom for like five minutes?
- 44:30And Colt can ask you three questions about the glasses and why
- 44:32you bought them.
- 44:33SPEAKER_01: And we'll put that up on our YouTube channel.
- 44:35SPEAKER_01: And they're like, what?
- 44:37SPEAKER_01: You want to interview me?
- 44:38SPEAKER_01: Whatever it is.
- 44:39SPEAKER_01: And then she's like, hey, thanks so much for buying Arte Shades.
- 44:42SPEAKER_01: Why did you buy them?
- 44:44SPEAKER_01: Oh, they just looked really cool.
- 44:45SPEAKER_01: I saw this.
- 44:45SPEAKER_01: And they basically give you that glowing testimonial or whatever it is.
- 44:49SPEAKER_01: And then we chop that up.
- 44:51We edit it and we put it on YouTube or we can leverage it for
- 44:53ads or whatever the case.
- 44:55But we make it so easy for them and we make the customer feel
- 44:57like the star.
- 44:59SPEAKER_01: They're the celebrity, right?
- 45:00SPEAKER_01: It's not us.
- 45:01SPEAKER_01: It's not about us anymore.
- 45:02And this is where I think brand comes into play is like we're
- 45:04letting our shoppers
- 45:05SPEAKER_01: be the stars of the movie.
- 45:08SPEAKER_01: And so,
- 45:09SPEAKER_01: yeah,
- 45:09SPEAKER_01: so really quickly,
- 45:10SPEAKER_01: that's how I would think about post-purchase,
- 45:13SPEAKER_01: both marketing opportunities,
- 45:15SPEAKER_01: review opportunities,
- 45:15SPEAKER_01: feedback opportunities in an early stage business.
- 45:19yeah i love you know the phone idea i mean first of all
- 45:23nobody's expecting a phone
- 45:24call right um you're using automation uh and for anybody who
- 45:28doesn't know what
- 45:29zapier is we'll put a link to zapier in the in the show notes
- 45:32um to get that uh to
- 45:34get that information in your hands because otherwise right
- 45:36you'd have to dig
- 45:37SPEAKER_00: through some information and try to pull it you may forget
- 45:39Now it's just really like in your inbox and,
- 45:42hey,
- 45:43I got to make a phone call.
- 45:44SPEAKER_00: And they're surprised to hear.
- 45:45And they're also it catches them off guard,
- 45:48especially in this day and age.
- 45:50SPEAKER_00: Right.
- 45:50SPEAKER_00: Yeah.
- 45:52SPEAKER_00: You know,
- 45:52SPEAKER_00: that idea of bringing somebody on Zoom,
- 45:54SPEAKER_00: it's almost like,
- 45:55SPEAKER_00: you know,
- 45:55SPEAKER_00: the focus group,
- 45:56SPEAKER_00: right?
- 45:56The post purchase focus group with the idea that you're going
- 45:59to get some user
- 46:00SPEAKER_00: generated content,
- 46:01SPEAKER_00: the UGC information from them.
- 46:03and then yes now you've built a media company you are making
- 46:06your customer the star
- 46:09of your media company and your your movie so to speak in this
- 46:12case great great
- 46:13ideas and again low to no cost right just some time zoom
- 46:17doesn't cost you much you
- 46:18can even do it on the free zoom account um do it on google meet
- 46:22if you want to um
- 46:23but uh all of these things are doable and now you have
- 46:26engagement with your
- 46:27SPEAKER_00: customer they're going to remember you because guess what
- 46:29SPEAKER_00: Your competition probably didn't do that.
- 46:31SPEAKER_00: Your competition didn't make those phone calls to them.
- 46:33SPEAKER_00: So fantastic.
- 46:35SPEAKER_00: All right.
- 46:35SPEAKER_00: So now I'm getting information from customers.
- 46:38SPEAKER_00: I'm getting some feedback in there.
- 46:40SPEAKER_00: You know, I want to work on building some loyalty.
- 46:43I want people to come back and buy more cable management
- 46:47products from me.
- 46:48SPEAKER_00: What is my process in building that strong customer loyalty long term?
- 46:53SPEAKER_00: Do I need a loyalty program or can I do it some other way?
- 46:56SPEAKER_01: So I have no issue with like loyalty programs.
- 46:59There's cashback programs that are out there today,
- 47:01but I still believe in it.
- 47:03SPEAKER_01: I sound like a broken record.
- 47:04SPEAKER_01: I go back to the same things is take care of your people.
- 47:07SPEAKER_01: Right.
- 47:07SPEAKER_01: And so by doing these zoom interviews and like posting that content,
- 47:10like you've made a fan for life where a lot of early e-commerce
- 47:14companies struggle
- 47:15SPEAKER_01: with this is,
- 47:16SPEAKER_01: uh,
- 47:17SPEAKER_01: their email list.
- 47:18SPEAKER_01: They only send an email out when they want someone to buy something.
- 47:21SPEAKER_01: Hey, guess what?
- 47:21SPEAKER_01: It's Memorial Day, 20% off.
- 47:23SPEAKER_01: Hey, guess what?
- 47:23SPEAKER_01: It's Father's Day.
- 47:24SPEAKER_01: Get our, buy our stuff, buy our stuff, buy our stuff.
- 47:26SPEAKER_01: And every email from them is just buy our stuff.
- 47:29SPEAKER_01: And that's the email e-commerce playbook.
- 47:31SPEAKER_01: A much better playbook is just bringing people along with,
- 47:35SPEAKER_01: again,
- 47:35SPEAKER_01: it's building in public,
- 47:36SPEAKER_01: but just bringing them along with you through this process of,
- 47:38SPEAKER_01: Hey, you know what?
- 47:39SPEAKER_01: I just interviewed John yesterday.
- 47:40SPEAKER_01: He bought a pair of our glasses and he like, he absolutely loved them.
- 47:43He wore them in a tournament last weekend and they won the
- 47:45whole freaking tournament.
- 47:46SPEAKER_01: It was the first time they ever won their baseball tournament.
- 47:49SPEAKER_01: How cool is that?
- 47:50SPEAKER_01: We just love, we just wanted to send a big shout out to John.
- 47:52SPEAKER_01: Hey,
- 47:52if you played in your tournament this weekend and wore a pair
- 47:54of Arte shades,
- 47:55SPEAKER_01: make sure you tag us on Instagram.
- 47:57SPEAKER_01: Let us know because we'd love to feature you guys in the newsletter too.
- 48:00SPEAKER_01: Boom.
- 48:01SPEAKER_01: No hard pitch,
- 48:02SPEAKER_01: no hard sale,
- 48:02SPEAKER_01: but it does generate sales because other people are like,
- 48:05SPEAKER_01: oh,
- 48:05SPEAKER_01: John was wearing a cool pair of the pink ones.
- 48:08SPEAKER_01: I don't have the pink ones.
- 48:09SPEAKER_01: Let me go check those out.
- 48:10SPEAKER_01: And it just builds this connection with the audience.
- 48:13We do it like every email is actually written in the RJ Shades
- 48:16from my son's point of view.
- 48:17SPEAKER_01: And it's just like, hey, I played this tournament this weekend.
- 48:19SPEAKER_01: Hey, I went four for six.
- 48:21SPEAKER_01: I threw a perfect game this week, like whatever it is.
- 48:23SPEAKER_01: Or I struggled this weekend.
- 48:24SPEAKER_01: It was tough.
- 48:25And here's a mental skill that I leverage to overcome this and
- 48:29get back in the box
- 48:30SPEAKER_01: and whatever.
- 48:30SPEAKER_01: And every email, you get so many replies.
- 48:34SPEAKER_01: Most e-commerce companies don't get replies other than, where's my order?
- 48:37SPEAKER_01: What's my tracking number?
- 48:39SPEAKER_01: That's your email, right?
- 48:41SPEAKER_01: It's customer support.
- 48:42SPEAKER_01: Our emails are like,
- 48:43SPEAKER_01: Go cold.
- 48:44SPEAKER_01: That's amazing.
- 48:44SPEAKER_01: We're rooting for you.
- 48:45SPEAKER_01: Like, Oh, my son wore his glasses this weekend and he loved it.
- 48:48Like that is the true definition of community and bringing
- 48:51people together.
- 48:52SPEAKER_01: And so cable management,
- 48:53SPEAKER_01: going back to it,
- 48:54SPEAKER_01: you know,
- 48:54SPEAKER_01: are you sharing stories of like,
- 48:56SPEAKER_01: Hey,
- 48:56SPEAKER_01: I just got a picture from,
- 48:57SPEAKER_01: uh,
- 48:57SPEAKER_01: you know,
- 48:58SPEAKER_01: you know,
- 48:58SPEAKER_01: Susie last week,
- 48:59SPEAKER_01: she just set up her home office.
- 49:01SPEAKER_01: Check this out.
- 49:01SPEAKER_01: This is bad-ass.
- 49:02SPEAKER_01: We like, love it here.
- 49:03SPEAKER_01: It's so cool.
- 49:04SPEAKER_01: What,
- 49:05SPEAKER_01: um,
- 49:05SPEAKER_01: you know,
- 49:06SPEAKER_01: all you guys,
- 49:06SPEAKER_01: I just posted the,
- 49:07SPEAKER_01: you know,
- 49:07SPEAKER_01: her photo on our Instagram account.
- 49:09Why don't you guys go comment on Instagram and tell Susie what
- 49:11an amazing job that she did.
- 49:13SPEAKER_01: Boom, done.
- 49:14SPEAKER_01: And you don't have to be the best copywriter in the world.
- 49:18SPEAKER_01: You're just bringing people along this journey with you.
- 49:22SPEAKER_01: And over time, it's going to generate more sales.
- 49:24SPEAKER_01: It's going to generate more traffic.
- 49:25SPEAKER_01: It's going to build this community.
- 49:26SPEAKER_01: It's going to build people that really care about you.
- 49:28You build loyalty because you're the person that's showing them
- 49:31all the cool stuff.
- 49:33SPEAKER_01: And yes, then when you have a Memorial Day sale,
- 49:36Your open rate is going to be good because they've opened all
- 49:39your other stuff and
- 49:39SPEAKER_01: it's been good.
- 49:41SPEAKER_01: And so it breeds more and more and more goodwill into your community.
- 49:46SPEAKER_01: And to me, that's always going to work.
- 49:48SPEAKER_01: And there are not many e-commerce companies that are good at this.
- 49:51SPEAKER_01: Most e-commerce companies are doing the very standard marketing.
- 49:54You know,
- 49:54big,
- 49:55big image block,
- 49:5620% off,
- 49:57go buy,
- 49:57go buy now,
- 49:58go buy now,
- 49:58go buy now.
- 49:59SPEAKER_01: And does it work?
- 50:00It works until you burn that person out and you need to bring
- 50:02new customers in.
- 50:04I would rather have this customer base love me and bring new
- 50:07customers in.
- 50:07And this gets bigger and bigger as opposed to,
- 50:09you know,
- 50:10you send an email,
- 50:10this guy drops off.
- 50:11SPEAKER_01: So now I need to build a new customer.
- 50:12SPEAKER_01: This guy drops off.
- 50:13SPEAKER_01: Now I need a new customer.
- 50:14I would rather,
- 50:15you know,
- 50:16pile on and build an even bigger community over time.
- 50:19SPEAKER_00: I love it.
- 50:20SPEAKER_00: I love it.
- 50:20SPEAKER_00: Well, I mean, folks, this is the blueprint.
- 50:23The blueprint was just literally created in front of you,
- 50:27you know,
- 50:28from the start all the way.
- 50:29SPEAKER_00: And it's, you know, this makes it less complicated, right?
- 50:33SPEAKER_00: We talked about e-commerce being challenging.
- 50:36SPEAKER_00: Hopefully this blueprint will let you,
- 50:39SPEAKER_00: you know,
- 50:39SPEAKER_00: and again,
- 50:39SPEAKER_00: as Greg has said,
- 50:41SPEAKER_00: you cannot do it all right away,
- 50:43SPEAKER_00: right?
- 50:43SPEAKER_00: You have to focus on the important parts.
- 50:46Each stage of this process requires your focus to get to where
- 50:49you need to go.
- 50:50SPEAKER_00: So just in closing here,
- 50:52SPEAKER_00: I'd love to ask you,
- 50:53SPEAKER_00: you know,
- 50:53SPEAKER_00: to just give some advice,
- 50:54SPEAKER_00: you know,
- 50:55SPEAKER_00: to entrepreneurs.
- 50:56SPEAKER_00: You're, you know, you're a mindset person.
- 50:58SPEAKER_00: You're, you know, you talk a lot about that.
- 51:01Let's put,
- 51:01let's help put entrepreneurs in the right mindset as they start
- 51:04their journey.
- 51:05SPEAKER_00: Those of those who are just maybe,
- 51:07SPEAKER_00: you know,
- 51:07SPEAKER_00: it's just idea time and that's all,
- 51:09SPEAKER_00: that's the only place they are.
- 51:10SPEAKER_00: What are your thoughts on that?
- 51:11Yeah,
- 51:12so every morning,
- 51:13I use,
- 51:13I'm old school,
- 51:14I use an app called Evernote.
- 51:15Everybody's got like sexier note-taking apps these days,
- 51:17like Notion or whatever that they use.
- 51:19SPEAKER_01: But I still use Evernote and I open it up every single morning.
- 51:23SPEAKER_01: And the first thing I read is about the people I serve.
- 51:28SPEAKER_01: And I think it's flipping your mindset to being product centric,
- 51:31to being market and community centric and caring about the
- 51:34people on the other side.
- 51:35SPEAKER_01: And by you not taking action today,
- 51:38I'm doing my community and market a disservice because if I
- 51:41don't sell a couple of
- 51:42SPEAKER_01: products today,
- 51:43SPEAKER_01: I don't care.
- 51:44But if I didn't help a little kid get those sunglasses on and
- 51:47know when he puts
- 51:47SPEAKER_01: them on,
- 51:48SPEAKER_01: he's blocking out distractions.
- 51:49He's ready to go in the box and he's going to have a hell of a
- 51:51good game today.
- 51:52SPEAKER_01: I'm hurting my community by not doing the work.
- 51:55SPEAKER_01: Right.
- 51:56SPEAKER_01: And so, you know, for Gromit every day, I do it for the makers.
- 51:59SPEAKER_01: I do it for the hundreds and hundreds of makers who are just like,
- 52:01SPEAKER_01: Greg,
- 52:01I've been on Shopify for six months and I can't make a goddamn
- 52:04sale to like save my life.
- 52:06SPEAKER_01: And I'm like, I'm fighting for you because I know what it's like.
- 52:09SPEAKER_01: I've got inventory.
- 52:09SPEAKER_01: I've got boxes and boxes of inventory.
- 52:11Like I know what it's like to be that person who is struggling
- 52:15to get that early momentum.
- 52:16SPEAKER_01: I'm fighting for you.
- 52:17And so if you're an e-commerce entrepreneur,
- 52:19you're at the beginning of the journey.
- 52:20SPEAKER_01: Think about the people in the community that you want to help.
- 52:23And I've been community centric,
- 52:24like I've been talking about this the whole episode.
- 52:25SPEAKER_01: That's why building a public is so important.
- 52:27SPEAKER_01: Getting into these communities is so important.
- 52:28SPEAKER_01: Care about the person that your product goes to and you will do the work.
- 52:33SPEAKER_01: It's putting your mission over your ego.
- 52:34SPEAKER_01: It's putting your mission over, you know, your laziness.
- 52:37It's putting the mission over whatever excuse you're telling
- 52:40yourself that you
- 52:40SPEAKER_01: don't want to do it today.
- 52:41But that mission and the people you serve has to be at the
- 52:44forefront of what it is
- 52:45SPEAKER_01: that you do because look,
- 52:47SPEAKER_01: There's some days I don't want to get up.
- 52:49SPEAKER_01: I don't want to do the thing, but I got people counting on me.
- 52:51SPEAKER_01: And to me,
- 52:52that is so important is the people that I serve are more
- 52:55important than my ego,
- 52:57SPEAKER_01: than my laziness,
- 52:58SPEAKER_01: than my,
- 52:59SPEAKER_01: you know,
- 53:00SPEAKER_01: whatever excuse that I'm going to make for the day.
- 53:02SPEAKER_01: Because I know that if someone,
- 53:03SPEAKER_01: you know,
- 53:04SPEAKER_01: signs up for Gromit,
- 53:05SPEAKER_01: I know if someone buys my sunglasses,
- 53:06SPEAKER_01: I know if there's a little kid that I'm coaching today,
- 53:09SPEAKER_01: like...
- 53:10someone is counting on me to be the person that they needed to
- 53:13be the best version
- 53:14SPEAKER_01: of myself so that they could get what they needed in their life.
- 53:16And I don't know,
- 53:17hopefully that makes sense,
- 53:18but I just,
- 53:19I believe in it so much.
- 53:20SPEAKER_01: And I think early stage, we care so much.
- 53:22SPEAKER_01: We just care about our product and our product and our product.
- 53:24SPEAKER_01: But if you care about the person on the other end of it,
- 53:26SPEAKER_01: like I care about making this interview,
- 53:28SPEAKER_01: the best freaking interview it can be.
- 53:29SPEAKER_01: That's why we did a pre-call.
- 53:30SPEAKER_01: I freaking, I got, I got notes over here.
- 53:32SPEAKER_01: Like I,
- 53:33SPEAKER_01: because I want to serve,
- 53:34SPEAKER_01: like I want someone to listen to this episode and be like,
- 53:37SPEAKER_01: gosh,
- 53:37SPEAKER_01: Darn it.
- 53:38SPEAKER_01: Greg killed it today.
- 53:38SPEAKER_01: He helped me.
- 53:40SPEAKER_01: That means more to me than like me, not me wearing a baseball hat today.
- 53:43SPEAKER_01: I'm so glad you wore one too.
- 53:44Cause I'm like,
- 53:45you know,
- 53:45it's supposed to be like super professional and all this stuff.
- 53:47SPEAKER_01: I'm wearing a yellow baseball hat.
- 53:48This is a,
- 53:49this is a hat hat wearing podcast,
- 53:51but I love the serve,
- 53:52you know?
- 53:52SPEAKER_00: Um,
- 53:53SPEAKER_00: and you know,
- 53:54SPEAKER_00: we,
- 53:54SPEAKER_00: we serve a lot of the same,
- 53:55SPEAKER_00: you know,
- 53:55SPEAKER_00: people out there,
- 53:57SPEAKER_00: you know,
- 53:57SPEAKER_00: that,
- 53:57that emerging e-commerce entrepreneur is in many ways not paid
- 54:01attention to,
- 54:02SPEAKER_00: um,
- 54:03SPEAKER_00: in this day and age.
- 54:04SPEAKER_00: It's more about the,
- 54:05SPEAKER_00: you're at six figures,
- 54:07SPEAKER_00: let me get you to seven figures and eight and plus,
- 54:09SPEAKER_00: and let's go there.
- 54:09SPEAKER_00: That's where, because e-commerce has matured along the way.
- 54:12SPEAKER_00: And I understand that,
- 54:13SPEAKER_00: and I'm not faulting that,
- 54:15SPEAKER_00: but I think somebody who is,
- 54:17SPEAKER_00: as you said,
- 54:18SPEAKER_00: on Shopify for the last six months and hasn't had a sale,
- 54:21SPEAKER_00: they need help.
- 54:22SPEAKER_00: They need a strategy.
- 54:24SPEAKER_00: They don't need a handout.
- 54:25SPEAKER_00: They need a game plan.
- 54:26SPEAKER_00: They need encouragement.
- 54:28SPEAKER_00: They need advice, information, all those things.
- 54:30SPEAKER_00: And what you brought today,
- 54:31SPEAKER_00: the blueprint,
- 54:32SPEAKER_00: that was the purpose of this was to help that,
- 54:35SPEAKER_00: you know,
- 54:36SPEAKER_00: some of you are maybe further along in the process.
- 54:38SPEAKER_00: Some of you are at the beginning of the process.
- 54:40SPEAKER_00: Wherever you are, slot yourself into the blueprint.
- 54:44SPEAKER_00: Study it.
- 54:45SPEAKER_00: As Greg said, focus hard on what you need to do.
- 54:48And you can do a lot of it at low to no cost and not look to
- 54:53spend tons of money.
- 54:53SPEAKER_00: At some point,
- 54:54SPEAKER_00: yes,
- 54:55you will need to roll out some dollars to Zuckerberg and family
- 54:59and put some money
- 55:00SPEAKER_00: out there.
- 55:00SPEAKER_00: But right now, you can do a lot of this without it.
- 55:03SPEAKER_00: So I appreciate everything you've put in there,
- 55:06but I have one more question for you because this is a question
- 55:09around the topic of
- 55:11AI because so many of our emerging e-commerce entrepreneurs are
- 55:14enthralled with it,
- 55:15SPEAKER_00: maybe frightened by it.
- 55:16SPEAKER_00: They don't know what's going on.
- 55:18And whether you use it or not,
- 55:20I'm sure you've dabbled in it at least a little bit.
- 55:23I'd love to know one thing that you've done on AI recently that
- 55:28made you stop and say,
- 55:30SPEAKER_00: wow,
- 55:31SPEAKER_00: I can't believe it did that.
- 55:33SPEAKER_01: Man, there's actually a lot.
- 55:35SPEAKER_01: So we use it daily at The Gromit to test headlines, email copy, all this.
- 55:42We usually have humans do the initial work and then have AI do
- 55:46the editing for us.
- 55:47SPEAKER_01: That's a lot of what it is that we do.
- 55:49SPEAKER_01: I'll say this.
- 55:49SPEAKER_01: So my partner over at The Gromit,
- 55:53SPEAKER_01: Eric Schechter,
- 55:54SPEAKER_01: and I,
- 55:54SPEAKER_01: we're getting ready to start our own podcast.
- 55:56SPEAKER_01: And right now we're going to do a season.
- 55:58And the first season is all going to be about the biggest
- 56:00challenges and roadblocks
- 56:01SPEAKER_01: that early stage e-commerce entrepreneurs have.
- 56:04So every episode is going to be a specific challenge,
- 56:06roadblock,
- 56:07whatever it is.
- 56:08And I just went into chat to EBT and I was like,
- 56:11hey,
- 56:12we're starting this.
- 56:13SPEAKER_01: We're doing like literally what I just said.
- 56:14SPEAKER_01: Give me the top 15 things that we should be talking about.
- 56:18SPEAKER_01: And it spit out the best answers.
- 56:21SPEAKER_01: I was like, holy crap, you nailed it.
- 56:22SPEAKER_01: Rising customer acquisition costs, too much competition.
- 56:25SPEAKER_01: I was like, perfect.
- 56:26SPEAKER_01: Now,
- 56:26SPEAKER_01: for each one of these,
- 56:28SPEAKER_01: outline an episode with,
- 56:30SPEAKER_01: I want an intro,
- 56:31SPEAKER_01: I want a beginning,
- 56:31SPEAKER_01: a middle,
- 56:32SPEAKER_01: and an end,
- 56:32SPEAKER_01: and I want,
- 56:32SPEAKER_01: you know,
- 56:33SPEAKER_01: and I was like,
- 56:34SPEAKER_01: Holy crap.
- 56:35SPEAKER_01: And then I sent that over to Eric and I'm like, here's our first episode.
- 56:38It was just,
- 56:39it was,
- 56:40and then even going deeper from there in the intro,
- 56:43I was like,
- 56:43cool.
- 56:44SPEAKER_01: Now write five questions that I could ask Eric about to start it.
- 56:47SPEAKER_01: Now write five questions about this beginning piece.
- 56:49SPEAKER_01: Now write five.
- 56:50SPEAKER_01: And I had the whole interview basically for me and I was like, oh my God.
- 56:53SPEAKER_01: And five minutes of work.
- 56:55SPEAKER_01: And I was like, holy crap.
- 56:56SPEAKER_01: We have the whole first season.
- 56:57SPEAKER_01: This would have taken me like three days to do as a human.
- 57:01SPEAKER_01: or longer.
- 57:01And I would have procrastinated and done all the things I just
- 57:03told you guys not to do.
- 57:05SPEAKER_01: And so,
- 57:06SPEAKER_01: yeah,
- 57:06I was just blown away that I'm blown away all the time with
- 57:10what I can do,
- 57:11but it's just finding these day-to-day practical things and
- 57:15knowing that it's not
- 57:15SPEAKER_01: the replacement for everything,
- 57:16SPEAKER_01: but can it enhance what it is that you're doing?
- 57:18SPEAKER_01: Hey, here's an idea for a video that I have.
- 57:20SPEAKER_01: Can you edit it to make it better?
- 57:23SPEAKER_01: What should be the intro to this video?
- 57:24SPEAKER_01: I've been using it a lot for
- 57:26SPEAKER_01: my TikTok videos where I'm just like, here's the idea for the video.
- 57:29Can you spit out 10 opening hooks or opening lines for the
- 57:32video that would engage
- 57:33SPEAKER_01: someone to make them want to watch the rest?
- 57:35SPEAKER_01: And it just spits out.
- 57:36SPEAKER_01: And is it perfect?
- 57:37SPEAKER_01: No, but I wouldn't be able to come up with those ideas on my own.
- 57:40SPEAKER_00: Yeah.
- 57:41SPEAKER_00: Well, I think, you know, back to the media company, right?
- 57:44SPEAKER_00: We need,
- 57:45SPEAKER_00: you know,
- 57:45you've got to create content in your media company and it's a
- 57:48lot of work to create content.
- 57:50So using AI and it's why I like to end on that last question
- 57:54because it's such an
- 57:55SPEAKER_00: important part now has become a very important part of every business and
- 57:59especially a business that is looking to create content ongoing
- 58:02every single day
- 58:03SPEAKER_00: because it is a challenge to do that.
- 58:05SPEAKER_00: So Greg, thank you very much for coming on today.
- 58:09SPEAKER_00: I love this idea of building a blueprint.
- 58:11SPEAKER_00: It is so, so important.
- 58:14The community that's part of the group that's part of the
- 58:17e-commerce revolution,
- 58:18SPEAKER_00: it is a revolution,
- 58:21SPEAKER_00: honestly.
- 58:21And I feel like every time we think that e-commerce has reached
- 58:25that pinnacle,
- 58:26SPEAKER_00: no,
- 58:26we're going a whole new batch are coming in and building
- 58:29something and figuring out.
- 58:30SPEAKER_00: So the blueprint is so, so important.
- 58:33SPEAKER_00: to this process.
- 58:34SPEAKER_00: Maybe just take a minute and just tell,
- 58:36SPEAKER_00: tell the audience again,
- 58:37SPEAKER_00: we're going to have links to all the,
- 58:39SPEAKER_00: um,
- 58:39SPEAKER_00: everything that we discussed in the show notes,
- 58:41but let everybody know how they can find you and how they can
- 58:44reach out to the
- 58:45SPEAKER_00: grommet and all that good stuff.
- 58:49SPEAKER_01: Yeah, I'm real simple.
- 58:49SPEAKER_01: I'm Greg Roulette everywhere.
- 58:51Twitter,
- 58:51LinkedIn,
- 58:51Instagram,
- 58:53probably three of the best places to find me right now.
- 58:56SPEAKER_01: If you are at the stage where you have product,
- 58:58SPEAKER_01: you have inventory,
- 58:59SPEAKER_01: you're on Shopify and you're hanging out in this community,
- 59:03SPEAKER_01: you're part of this revolution.
- 59:04I want you on the grommet and we will help you get that early
- 59:08stage momentum.
- 59:08SPEAKER_01: There is no cost.
- 59:09SPEAKER_01: There's no upfront fees, no nothing.
- 59:11We don't even charge commission the first seven days you're on
- 59:13the platform.
- 59:14SPEAKER_01: We called it launch week.
- 59:15SPEAKER_01: It's the most exciting week, you know, in a startup founder.
- 59:19SPEAKER_01: They just absolutely love it.
- 59:20SPEAKER_01: Just head over to the grommet.com right at the top.
- 59:22SPEAKER_01: There's a giant button that says, submit your product.
- 59:24SPEAKER_01: It takes like two seconds,
- 59:25SPEAKER_01: integrate your,
- 59:26SPEAKER_01: you know,
- 59:26it's a Shopify app that you integrate and then you build out a
- 59:28product page,
- 59:29SPEAKER_01: but.
- 59:30SPEAKER_01: you know, let me help you get that early stage traction.
- 59:32SPEAKER_01: Let me,
- 59:32SPEAKER_01: it's not a handout because your product has to speak,
- 59:34SPEAKER_01: you know,
- 59:35SPEAKER_01: your product has to be great.
- 59:36The community has to want your product,
- 59:37but it will help you to generate some momentum.
- 59:40SPEAKER_01: And anyone who comes from this podcast,
- 59:43SPEAKER_01: from your community,
- 59:43SPEAKER_01: who's part of this revolution,
- 59:45SPEAKER_01: I want to help them with every ounce of,
- 59:49SPEAKER_01: of blood,
- 59:49SPEAKER_01: sweat,
- 59:49SPEAKER_01: and tears that we have over at the grommet.
- 59:51SPEAKER_01: So yeah,
- 59:51head to the grommet.com and let's put you in front of a couple
- 59:54million shoppers and,
- 59:55SPEAKER_01: and put your product to the test.
- 59:57SPEAKER_00: Great.
- 59:58SPEAKER_00: That's awesome.
- 59:58SPEAKER_01: Thank you again for coming on today.
- 1:00:01SPEAKER_01: Yeah.
- 1:00:01SPEAKER_01: Had a blast.
- 1:00:02SPEAKER_01: Thanks for having me.
- 1:00:04All right,
- 1:00:05that brings us to the end of another episode of the e-commerce
- 1:00:08revolution podcast.
- 1:00:09SPEAKER_00: Don't forget to check out past episodes,
- 1:00:12which are all available on demand on YouTube and wherever you
- 1:00:16listen to your podcast.
- 1:00:17SPEAKER_00: Ready to join the revolution?
- 1:00:19SPEAKER_00: Become an exclusive part of our growing community of emerging e-commerce
- 1:00:23SPEAKER_00: entrepreneurs at ecomrevolution.co.
- 1:00:27SPEAKER_00: Until next time, see ya.